Finances

MLP Group delivered excellent financial and operational results in 2024, driven by strong warehouse space leasing performance across all its markets. MLP Group is the fastest growing logistics platform in Europe, combining a conservative tenant acceptance policy with rapid business growth.

Over the past year, MLP Group’s consolidated revenue rose by 3% YoY, to PLN 372.4 million, supported by both higher occupancy levels and rental rate growth. Rental income increased by 7%, reaching PLN 214.8 million. The Group companies’ lease contracts are directly expressed in the euro or denominated in the euro. Therefore, eliminating the impact of negative exchange rate differences, revenue in the euro increased by 13% relative to 2023. The value of investment properties grew by 22%, to more than PLN 5.5 billion (EUR 1.29 billion). At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 4%, to PLN 185.5 million (EUR 43.1 million). MLP Group benefits from a solid liquidity position to fund its ambitious long-term strategic goals.