ID Logistics: 20% sales growth in Q3
(CercleFinance.com) - ID Logistics posted sales of E827.
3m for Q3 2024, up 19.6% (+20.1% LFL, adjusted for a generally unfavourable exchange rate effect during the quarter).
Sales rebounded sharply in France (+6.1% LFL), with good growth in the rest of Europe (+18.5%), strong momentum in the US (+48.6%) and sustained growth in LatAm and Asia (+31.7%).
The contract logistics group also reports continued strong sales momentum with the signing of new contracts, having continued to respond to a sustained number of calls for tender over the past quarter.
With the rebound in business in France and further acceleration in the United States, ID Logistics believes it will record growth in 2024, while remaining focused on increasing the productivity of recent contracts and controlling the year's start-ups.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
3m for Q3 2024, up 19.6% (+20.1% LFL, adjusted for a generally unfavourable exchange rate effect during the quarter).
Sales rebounded sharply in France (+6.1% LFL), with good growth in the rest of Europe (+18.5%), strong momentum in the US (+48.6%) and sustained growth in LatAm and Asia (+31.7%).
The contract logistics group also reports continued strong sales momentum with the signing of new contracts, having continued to respond to a sustained number of calls for tender over the past quarter.
With the rebound in business in France and further acceleration in the United States, ID Logistics believes it will record growth in 2024, while remaining focused on increasing the productivity of recent contracts and controlling the year's start-ups.
Copyright (c) 2024 CercleFinance.com. All rights reserved.