Financial targets

The Board of Directors of Cityvarasto has set the following financial and operational targets for the five-year review period starting at the end of 2024 and ending at the end of 2029:

• Growth: The average annual growth of the Group’s revenue is over 12% during the review period.
• Profitability: The Group’s EBITDA margin exceeds 50% during the review period.
• Investments: The Group’s annual investments average 10 million euros during the review period. The number of self-storage facilities is approximately 100 at the end of the review period.
• Leverage: The Group’s LTV ratio remains below 35% during the review period.

The key performance indicators related to financial targets at the end of the financial year were as follows:

• Revenue increased by 21.1% during the year 2025 and 25.4% during Q4.
• Adjusted EBITDA margin was 44.6% during the year 2025 and 39.5% during Q4.
• The Group’s investments during the year 2025 totalled 9.5 million euros.
• At the end of the period the Group had 77 self-storage facilities.
• The Group’s LTV ratio on 31 December 2025 was 20.3%

Rusko, Oulu