France's ID Logistics H1 revenue rises on North America growth
France's ID Logistics H1 revenue rises on North America growth
Overview
France-based contract logistics group's H1 2026 revenue rose 18.3% yr/yr to €2.08 bln
Underlying operating income for H1 2026 increased 23.3%, with margin up 20 bps
Company expanded into Australia, now operating in 20 countries
Outlook
Company says second-half profitability and cash flow generation are typically more favorable
ID Logistics aims to improve profitability by optimizing costs and accelerating AI adoption
Company expanding geographic presence and diversifying customer base to drive future growth
Result Drivers
REGIONAL GROWTH - Co saw strong revenue growth in Europe excluding France and North America, with North America up 46.3% on a like-for-like basis
PRODUCTIVITY GAINS - Co attributed improved operating income and margin to rising productivity from projects launched in 2025 and cost control for new projects in 2026
PROJECT LAUNCHES - Co launched 17 new projects and expanded into Australia during H1 2026
Company press release: ID:nBw1W8fWBa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 2.08 bln |
|
H1 Underlying EBITDA |
| EUR 314.80 mln |
|
H1 Underlying operating income |
| EUR 81.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"
Wall Street's median 12-month price target for ID Logistics SAS is €501.00, about 48.4% above its August 25 closing price of €337.50
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 30 three months ago
Reuters Recommended Reads
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Aug 26 - Sodexo plans to cut more than 1,000 jobs in France
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)