Americold Swings to Profit as Cold-Storage Demand Steadies
Americold Realty Trust returned to profit as cold-storage demand stabilized, according to the headline. The company says it is returning to growth in a more stable environment.
Story updates
11:32:34 AM UTC
SquawkNews
AMERICOLD REALTY TRUST Q3 NET INCOME USD 683.4 MILLION
11:32:55 AM UTC
SquawkNews
AMERICOLD REALTY TRUST Q3 ADJUSTED FFO USD 101.3 MILLION
By Liz YoungAmericold Realty Trust, the world's second-largest owner and operator of refrigerated warehouses by capacity, is returning to growth as demand for cold storage stabilizes after years of whiplash."We're in a much more stable environment than where we were a year ago or certainly even two…