Brief: Id Logistics Q1 Revenues Up At EUR 539 Million

Id Logistics SAS

25/04/2022 16:53

April 25 (Reuters) - ID Logistics SAS  IDLA.PA :
    * ID LOGISTICS: STRONG GROWTH IN Q1 2022 WITH REVENUES OF
€539.0M,
UP 23.7% (15.1% LIKE-FOR-LIKE)
    * IN SPAIN, ID LOGISTICS WILL START ITS FIRST CONTRACT WITH
A
GLOBAL LEADER IN FASHION, ON A 15,000 SQ. M. SITE IN BARCELONA
    * INTENDS TO MAINTAIN ITS GOOD COMMERCIAL DEVELOPMENT AND
REMAINS
FOCUSED ON INCREASING PRODUCTIVITY OF RECENT PROJECTS AND
MANAGING START-UPS OF 2022
    * IN NETHERLANDS, ID LOGISTICS WILL START A FIRST ACTIVITY
WITH
ELECTRONIC COMPONENTS DIVISION OF JAPANESE GROUP OMRON
    * IN FRANCE, ID LOGISTICS IS PART OF ADEO GROUP'S
OPTIMIZATION
PLAN WITH OPENING OF A NEW 48,000 SQ.M. SITE IN LOUDÉAC,
BRITTANY, SHARED BY LEROY MERLIN AND WELDOM
    * NUMBER OF TENDERS TO WHICH ID LOGISTICS IS INVITED REMAINS
STRONG IN Q1 OF 2022
    * OUTLOOK: PRIORITY TO FINALIZE INTEGRATION OF GVT
ACQUISITION IN
BENELUX AND COLISWEB IN FRANCE, BOTH ACQUIRED END 2021. IN US,
INTEGRATION OF KANE LOGISTICS, WHOSE ACQUISITION WAS FINALIZED
AT END OF MARCH 2022, WILL BE COMPLETED BEFORE SUMMER 2022
    * IN UNITED STATES, INTEGRATION OF KANE LOGISTICS, WHOSE
ACQUISITION WAS FINALIZED AT END OF MARCH 2022, WILL BE
COMPLETED BEFORE SUMMER OF 2022
    * OUTLOOK: MAINTAIN ITS GOOD COMMERCIAL DEVELOPMENT AND
REMAINS
FOCUSED ON INCREASING PRODUCTIVITY OF RECENT PROJECTS AND
MANAGING START-UPS OF 2022
    * IN VERY SHORT TERM, ID LOGISTICS' PRIORITY IS TO FINALIZE
INTEGRATION OF GVT ACQUISITION IN BENELUX AND COLISWEB IN
FRANCE, BOTH ACQUIRED AT END OF 2021

Source text for Eikon:  ID:nBw124tJga 
Further company coverage:  IDLA.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))