Brief: ID Logistics FY EBITDA Up At 205.1 Million Euros

Id Logistics SAS

17/03/2020 17:57

March 17 (Reuters) - ID LOGISTICS SAS  IDLA.PA :
    * NET SALES OF EUR 1,53 BILLION; UP 10.0% ON A COMPARABLE
BASIS
    * ON CORONAVIRUS: ID LOGISTICS IS VERY VIGILANT AND
REGULARLY
MONITORS THE SITUATION AFFECTING ITS CUSTOMERS AND ITS
ORGANISATION
    * FY RECURRING OPERATING RESULT EUR 54.0 MILLION VERSUS EUR
47.3
MILLION YEAR AGO
    * ON CORONAVIRUS: ID LOGISTICS HAS TAKEN PREVENTIVE MEASURES
ON
ALL OF ITS SITES AND IMPLEMENTS AN ACTION PLAN IN EACH OF THE
COUNTRIES CONCERNED
    * 2020 OUTLOOK : WILL BENEFIT FROM THE INCREASED
PRODUCTIVITY OF
THE PROJECTS STARTED IN 2019, THE FULL-YEAR EFFECT OF JAGGED
PEAK AND SHARE PLANS INITIATED DURING THE PAST FINANCIAL YEAR
    * TO DATE, IT IS DIFFICULT TO PREDICT AND QUANTIFY THE
IMPACT OF
CORONAVIRUS (COVID-19)
    * ID LOGISTICS SAS FY CONSOLIDATED NET RESULT EUR 16.9
MILLION
VERSUS EUR 28.7 MILLION YEAR AGO
    * SLIGHT INCREASE IN FY NET INCOME EXCLUDING NON-COMPARABLE
ITEMS
    * ALMOST 40% OF THE GROUP'S ACTIVITY RELATES TO THE FOOD
RETAILING
AND CARE PRODUCTS, HYGIENE AND HEALTH, AND 20% IS MADE IN
E-COMMERCE. TO DATE, THESE TWO SECTORS ARE EXPERIENCING A HIGH
LEVEL OF ACTIVITY
    * ON CORONAVIRUS: GROUP PERFORMS A DOMESTIC SERVICE IN EACH
OF THE
COUNTRIES WHERE IT IS ESTABLISHED, WITHOUT ANY FREIGHT ACTIVITY
INTERNATIONAL FORWARDING
    * FY EBITDA EUR 205.1 MILLION VERSUS EUR 74.1 MILLION YEAR
AGO

Source text : https://bwnews.pr/3b0UWEv
Further company coverage:  IDLA.PA 

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