ID Logistics - Improved profitability, lower volumes in France in Q3 and improved conditions outside France
H1 sales up 10.3% on a reported basis and 4.3% organically MOC up 10bps to 3.7% thanks to the accretive effect of international acquisitions and good cost management in France Financial leverage at 1.8x vs. 2.4x in H1-22 Continued downward trend in volumes in France in Q3 International volumes pick up after inflation peaks in some countries. Full-year forecasts unchanged, price target unchanged at €364 and "Buy" opinion confirmed.ID Logistics is an international contract logistics group that designs and implements one-stop services tailored to the specific requirements of each client. The services Co. offers combine customized architectures to allow clients to optimize their supply chain.
We are an investment house with Belgian roots founded on more than 150 years of trust.
As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.