Lineage, a company that stores food in giant refrigerators, had a bit of a mixed year! They made more money than expected but also had some losses. They're predicting slow growth for next year.
- Food companies stocked up on goods during the pandemic, but now they have less.
- Lineage's total warehouse use hasn't changed much, but customers are storing less.
- They expect to make a bit more money in 2025, but not a huge jump.
| Item | Number |
|---|---|
| 2024 Fourth-Quarter Net Loss | $80 million |
| 2025 AFFO per share (prediction) | $3.40-$3.60 |
| 2025 Adjusted EBITDA growth (prediction) | ~3.5% |
| 2025 AFFO growth (prediction) | ~6% |
