Americold Realty Trust reports Q4 AFFO 38c, consensus 37c

Reports Q4 revenue $658.5M, consensus $654.55M. CEO Rob Chambers stated, “Americold delivered solid Q4 AFFO per share of 38c, slightly ahead of expectations in what remains a challenging backdrop across the cold storage industry…During the year we expanded our services margin and achieved our long-term 60% target for fixed commitment contracts, while winning new business with some of the world’s most important food producers and retailers…Entering 2026, we have developed a list of key priorities that are designed to position Americold for long-term future growth. These include taking disciplined steps to strengthen our balance sheet, enhance the profitability of our global real estate portfolio, and focus our capital on customer-driven development opportunities. At the same time, we are expanding our presence in high-value retail and store-support solutions, while broadening our commercial aperture to pursue opportunities in new and adjacent sectors. Our cost-reduction initiatives are well underway and will help us navigate the ongoing headwinds while we execute against these priorities. With the upcoming addition of Chris Papa as our CFO, we are further bolstering our capabilities as we advance this next phase of our strategy.”