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Americold Realty Trust(COLD) - 2020 Q2 - Earnings Call Presentation

Financial Performance Highlights - Total revenue increased by 100% to $4825 million for the second quarter of 2020[11] - Total NOI increased by 60% to $1283 million for the second quarter of 2020[11] - Core EBITDA increased by 74% to $1005 million, or 86% on a constant currency basis, for the second quarter of 2020[11] - Global Warehouse segment revenue increased by 101% to $3724 million for the second quarter of 2020[11] - Global Warehouse segment NOI increased by 55% to $1201 million for the second quarter of 2020[11] Same-Store Performance - Global Warehouse segment same store revenue grew 15%, or 30% on a constant currency basis, for the second quarter of 2020[17] - Global Warehouse segment same store NOI declined by 05%, or increased by 07% on a constant currency basis, for the second quarter of 2020[17] - Excluding the front-line appreciation bonus of $31 million for same store sites, NOI growth would have been 40%[17] Balance Sheet and Liquidity - The company had total liquidity of approximately $12 billion as of June 30, 2020[31] - Total debt outstanding was $20 billion, with 77% in an unsecured structure[31] - The company's real estate debt has a remaining weighted average term of 63 years and carries a weighted average contractual interest rate of 360%[31] 2020 Outlook - The company is revising its AFFO per share guidance from $122 - $130 to $124 - $130 for 2020[34]