France's ID Logistics rises after it reports FY revenue growth

Id Logistics SAS

28/01/2025 08:26

** ID Logistics'  IDLA.PA  shares rise around 2% after the
French logistics company reported a 19.1% rise in 2024 revenue
    ** Portzamparc says the results were "way beyond" its
expectations and highlights a highly favorable growth trajectory
    ** "Growth momentum should remain solid over FY25," the
broker says
    ** It adds that last September's capital increase raised 135
million euros, which will be deployed from 2025 to finance the
group's external growth


($1 = 0.9586 euros)

 (Reporting by Anna Peverieri)
 ((Anna.peverieri@thomsonreuters.com))