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Compania De Distribucion Integral Logista: 1 director

A director at Compania De Distribucion Integral Logista bought 3,000 shares at 27.200EUR and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over...

Juan Ros-Padilla
  • Juan Ros-Padilla

Logista : Q4 earnings notably above. FY 2025 guidance in line with exp...

>Q4 2024 economic sales +6% y-o-y, above our forecast - Economic sales in Q4 (July-September 2024) were up 4% y-o-y to € 439m. This evolution is exclusively organic as the scope effect from recent acquisitions is now over and above our estimate yet aligned with the consensus. Economic sales were solid in Iberia (+5% y-o-y) helped by a strong tobacco division (+2% y-o-y) which is able to grow not only via prices but also via volume (+0.4% y-o-y), pharma (+19% y-o-y vs...

Juan Ros-Padilla
  • Juan Ros-Padilla

Logista : Q3 earnings in line. Guidance reiterated

>Q3 2024 economic sales +6% y-o-y, broadly in line with our forecast - Economic sales in Q3 (April-June 2024) were up 6% y-o-y to € 451m. This evolution is exclusively organic as the scope effect from recent acquisitions is now over and is broadly aligned with our estimate and the consensus. Economic sales were solid in Iberia (+6% y-o-y) helped by a strong tobacco division (+3% y-o-y) helped by RSP increases (€ 0.20/0.25 per pack on average) that provided a € 2m POI...

Juan Ros-Padilla
  • Juan Ros-Padilla

Logista : Roadshow highlights

>New cash pooling agreement with Imperial and rate hedging - The new terms (6M Euribor + 75bp vs ECB +75bp previously) came into force in June 2024 and will be valid for the next three years. The company unveiled during the roadshow that they have hedged the rate at 3.6% for the next three years (vs 6M Euribor at 3.7% today, 3.0% 1Y fwd, 2.7% 2Y fwd and 2.6% 3Y fwd) for the first € 1bn in the cash pooling agreement.The company is still looking for additio...

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