AmeriCold Realty Trust (COLD) Reports Q1 FFO of $0.29

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Americold Realty Trust Announces First Quarter 2020 Results

May 7, 2020 4:10 PM EDT

ATLANTA--(BUSINESS WIRE)-- Americold Realty Trust (NYSE: COLD) (the Company), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the first quarter ended March 31, 2020.

Fred Boehler, President and Chief Executive Officer of Americold Realty Trust, stated, The ongoing COVID-19 pandemic has highlighted the strength and resiliency of our mission-critical infrastructure, business and Associates. For the first quarter 2020, we delivered total company revenue growth and NOI growth of 23.1% and 37.2%, respectively. This growth was driven by our core warehouse segment,... More