We Link Scandinavia's Cargo Flows
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2018 Notification of General Meeting Time and location Annual Report The Annual General Meeting (AGM) of Catena AB (publ) will be held on 25 April 2019, at 4:00 p.m. at the World Trade Center, Klarabergsviadukten 70, in Stockholm, Sweden. Entitlement to participate To be entitled to participate at the AGM, share- holders must be registered in the share register maintained by Euroclear Sweden AB not later than 17 April. Shareholders who have registered their shares with a trustee must have temporarily re- registered the shares under their own name not later than the above date. Any such registration should be requested in good time ahead of the AGM at the party holding the shares in trust. Registration Notification of participation in the AGM must be made not later than 17 April at 2:00 p.m. by e-mail to [email protected]. Notification can also be provided by telephone on +46 (0)730 70 22 22 or by letter to Catena AB (publ), General Meeting, Box 5003, SE-250 05 Helsingborg, Sweden. In the notification, share- holders should provide their name, personal identity number/corporate registration number, address, telephone number, any assistants and the num- ber of shares. Any proxies should be submitted in writing no later than at the AGM. Proxy forms are available at www.catenafastigheter.se and at the head office in Helsingborg. These will also be sent to shareholders on request. It is advantageous for any participant planning to attend with the support of a proxy, certificate of incorporation or other cer- tificates of authorisation to submit such documen- tation in good time ahead of the AGM to Catena AB. We link Scandinavia’s cargo flows Table of contents beneath fold-out. 2018 Notification of General Meeting Time and location Annual Report The Annual General Meeting (AGM) of Catena AB (publ) will be held on 25 April 2019, at 4:00 p.m. at the World Trade Center, Klarabergsviadukten 70, in Stockholm, Sweden. Entitlement to participate To be entitled to participate at the AGM, share- holders must be registered in the share register maintained by Euroclear Sweden AB not later than 17 April. Shareholders who have registered their shares with a trustee must have temporarily re- registered the shares under their own name not later than the above date. Any such registration should be requested in good time ahead of the AGM at the party holding the shares in trust. Registration Notification of participation in the AGM must be made not later than 17 April at 2:00 p.m. by e-mail to [email protected]. Notification can also be provided by telephone on +46 (0)730 70 22 22 or by letter to Catena AB (publ), General Meeting, Box 5003, SE-250 05 Helsingborg, Sweden. In the notification, share- holders should provide their name, personal identity number/corporate registration number, address, telephone number, any assistants and the num- ber of shares. Any proxies should be submitted in writing no later than at the AGM. Proxy forms are available at www.catenafastigheter.se and at the head office in Helsingborg. These will also be sent to shareholders on request. It is advantageous for any participant planning to attend with the support of a proxy, certificate of incorporation or other cer- tificates of authorisation to submit such documen- tation in good time ahead of the AGM to Catena AB. We link Scandinavia’s cargo flows Table of contents beneath fold-out. CATENA IN BRIEF 2 ANNUAL REPORT 2018 | CATENA AB Contents Catena Catena Catena in brief 2–3 The year in brief – this is who we are Improved profit from property management generates continued strong cash flow 4–7 Catena’s objective is to own, efficiently manage and actively CEO’s comments develop well-situated logistics properties that have the potential Positioned for growth as trade is redefined 8–9 to generate steadily growing cash flow and good growth in value. Catena’s overriding goal, based on its focused orientation, Our market Strong mega trends drive the need for more is to give shareholders a favourable long-term total return. efficient goods flows 12–13 Continued growth in consumption despite economic downturn 14–17 Property operations Another strong year for Catena 20–22 Property valuation 23 Organisation and business structure 24–25 430 14,350 Regional development 26–27 Contracts Shareholders List of properties by region 28–29 + fold-out RENTAL VALUE EQUITY Important events 30–31 SEK 1,216 million SEK 5,309 million Current earnings capacity 32 Market outlook and appropriation of surplus 33 41 Funding Employees Well-diversified financing 36–37 Strong development for Catena share 38–39 107 10 Business model Properties Financing How Catena generates value 42–43 channels FAIR VALUE LOANS A complete offering 44–45 SEK 14,721 million SEK 8,517 million Active management 46 Continuously evolving property portfolio 47–50 Financial information Contents 55 Focused business concept Financial reports, Group 56–61 Catena offers logistics facilities for today’s and tomor- Notes, Group 62–84 row’s goods flows adjacent to key transport routes and Financial reports, Parent Company 85–87 hubs. Efficient logistics and transport represent an impor- Notes, Parent Company 88–95 Signing of the Annual Report 96 tant success factor, providing both financial and environ- Auditors’ report 97–100 mental benefits. We are developing our part in the chain in close cooperation with our customers and with good Corporate governance report knowledge of the market. Our business concept clarifies Chairman of the Board: Responsible governance our mission – We shall sustainably and through partner- builds confidence in continued development 104 ships develop efficient logistics facilities that serve the Corporate governance 105–110 Risks and opportunities 111–115 metropolitan regions of Scandinavia. Board and management 116–117 Driven towards our vision Sustainability work Catena’s favourable insights into future cargo and goods CEO: We take long-term responsibility 120 flows are crucial to our capacity to offer suitable locations, Catena’s logistics positions Sustainable operations 121 suitable premises and suitable service. The operations are Sustainable logistics and societal development 122–123 conducted in accordance with a business model accord- Sustainable properties 124–127 Attractive employer 128–130 ing to which property development and active property Sustainability Notes 131–135 management are fundamental to generating strong cash flows and an attractive return to shareholders. The model Overviews and information and our approach allow us to develop steadily towards our The best logistics locations Multi-year overview and definitions 136–137 vision – We link Scandinavia’s cargo flows. In this year’s Annual Report, we highlight seven logistics Catena through the year 138 locations that are significant geographically, demographi- Press releases and glossary 139 cally and with unique logistical advantages. We also present Index of diagrams and tables Fold-out Clear strategies and objectives With concrete and clear financial targets in its sights, Cat- some of Catena’s customers and how we have been able to ena works according to four strategic horizons – property offer them an optimal solution. Audited section. development, customers and market, sustainability and You will find the presentations on pages 11, 19, 35, 41, 53, 103 financing. and 119. CATENA IN BRIEF 2 ANNUAL REPORT 2018 | CATENA AB Contents Catena Catena Catena in brief 2–3 The year in brief – this is who we are Improved profit from property management generates continued strong cash flow 4–7 Catena’s objective is to own, efficiently manage and actively CEO’s comments develop well-situated logistics properties that have the potential Positioned for growth as trade is redefined 8–9 to generate steadily growing cash flow and good growth in value. Catena’s overriding goal, based on its focused orientation, Our market Strong mega trends drive the need for more is to give shareholders a favourable long-term total return. efficient goods flows 12–13 Continued growth in consumption despite economic downturn 14–17 Property operations Another strong year for Catena 20–22 Property valuation 23 Organisation and business structure 24–25 430 14,350 Regional development 26–27 Contracts Shareholders List of properties by region 28–29 + fold-out RENTAL VALUE EQUITY Important events 30–31 SEK 1,216 million SEK 5,309 million Current earnings capacity 32 Market outlook and appropriation of surplus 33 41 Funding Employees Well-diversified financing 36–37 Strong development for Catena share 38–39 107 10 Business model Properties Financing How Catena generates value 42–43 channels FAIR VALUE LOANS A complete offering 44–45 SEK 14,721 million SEK 8,517 million Active management 46 Continuously evolving property portfolio 47–50 Financial information Contents 55 Focused business concept Financial reports, Group 56–61 Catena offers logistics facilities for today’s and tomor- Notes, Group 62–84 row’s goods flows adjacent to key transport routes and Financial reports, Parent Company 85–87 hubs. Efficient logistics and transport represent an impor- Notes, Parent Company 88–95 Signing of the Annual Report 96 tant success factor, providing both financial and environ- Auditors’ report 97–100 mental benefits. We are developing our part in the chain in close cooperation with our customers and with good Corporate governance report knowledge of the market. Our business concept clarifies Chairman of the Board: Responsible governance our mission – We shall sustainably and through partner- builds confidence in continued development 104 ships develop efficient logistics facilities that serve the Corporate governance 105–110 Risks and opportunities 111–115 metropolitan regions of Scandinavia. Board and management 116–117 Driven towards our vision Sustainability work Catena’s favourable insights into future cargo and goods CEO: We take long-term responsibility 120 flows are crucial to our capacity to offer suitable locations, Catena’s logistics positions Sustainable operations 121 suitable premises and suitable service.