Report
Luis de Toledo Heras

Logista : Q4 2022 results in line. FY 2023 somewhat better than expected

>Q4 2022 economic sales +7% y-o-y slightly better than expected - Economic sales in Q4 2022 (July-September 2022) were up +7% y-o-y to € 324m (vs +6% in Q3 2022), slightly above our estimates (3pp above) and consensus expectations (3pp beat). Economic sales were very strong in Spain (+11% y-o-y vs +11% in Q2 2022) thanks to improvements in tobacco distribution in Iberia, a positive contribution from new acquisitions in transport and new services in pharma, while econo...
Underlying
Compania de Distribucion Integral Logista Holdings S.A.

Compania de Distribucion Integral Logista Holdings, through its subsidiaries, is a distributor and logistics operator in Spain, Portugal, France, Italy and Poland. Co. is engaged in providing various distribution channels with a range of products and services, including tobacco and tobacco related products, convenience goods, electronic documents and products (such as mobile phone and travel card top-ups), pharmaceutical products, books, publications and lottery tickets. Co. provides these services through a network which spans the whole value chain, from picking up to POS delivery.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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