Brief: ID Logistics FY Revenues Up 10.7% At EUR 2.75 Bln

Id Logistics SAS

13/03/2024 17:14

March 13 (Reuters) - ID Logistics SAS  IDLA.PA : Posts
FY results
    * REVENUES: +10.7% TO EUR 2.75 Bln
    * RECURRING EBITDA: +16.6% TO EUR 434.7M (+80BPS)
    * RECURRING EBITDA: +16.6% TO EUR 434.7M (+80BPS)
    * CASH FLOW FROM OPERATING ACTIVITIES: +26.0% TO EUR 356.9M
AFTER
OPERATING INVESTMENTS
    * DEBT LEVERAGE REDUCED TO 1.6X PRE-IFRS 16 EBITDA
    * GIVEN GROUP'S RAPID DEBT REDUCTION SINCE 2022
ACQUISITIONS,
GROUP IS ATTENTIVE TO EXTERNAL GROWTH OPPORTUNITIES IN EUROPE
AND UNITED STATES
    * IN 2024, THANKS TO ITS TECHNOLOGICAL AND OPERATIONAL
INVESTMENTS, ID LOGISTICS WILL CONTINUE TO SUPPORT MAJOR GLOBAL
GROUPS IN THEIR EFFORTS TO ORGANIZE AND OPTIMIZE THEIR SUPPLY
CHAINS, PARTICULARLY IN ITS SECTORS OF EXPERTISE: RETAIL,
E-COMMERCE, FASHION, FMCG OR COSMETICS

Source text for Eikon:  urn:newsml:reuters.com:*:nBw4zD48Za
Further company coverage:  IDLA.PA 

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