ID Logistic: half-year net income up almost 4%

(CercleFinance.com) - For the first half of 2024, ID Logistics has reported a 3.
7% increase in net income, group share, to E16.8 million, and a 22.4% rise in operating income recurring to E58.3m, representing a 10-bp margin improvement to 3.8%.

Sales rose by 18.7% to almost E1.52bn, a record performance which includes the acquisition of Spedimex in Poland. Adjusted for this perimeter effect and a favorable currency effect, sales rose by 14.3% LFL.

In H2, the group will focus on ramping up productivity at recently launched sites and ensuring the success of upcoming start-ups. It recalls that it traditionally benefits from more favorable profitability and cash generation in this period.


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