Annual Report RELOG 2025: Profit before tax of NOK 1.1 billion

RELOG has delivered a solid 2025 with a profit before tax of NOK 1.1 billion. It is particularly pleasing to see that gross rental income has increased by 10% in 2025 at the same time as there has been a reduction in interest costs compared to the year 2024. This has contributed to the profit after interest costs and before value changes having increased by 41% compared to 2024 to NOK 318m in 2025. Completion and capitalization of new projects contributes to a positive change in the value of investment property and raises the profit to NOK 1.1 billion before tax.

In 2026, RELOG will continue to optimize capital allocation. This means that RELOG will always assess capital decisions based on what maximizes value for shareholders based on a balanced relationship between return and risk.