ID logistics shares rise as sales grow more than expected
23/07/2026 08:43
BUZZ-ID logistics shares rise as sales grow more than expected ** Shares in ID Logistics IDLA.PA rise 8.5% after the French company's Q2 sales growth exceeded expectations
** Its revenue came in at €1.09 billion ($1.25 billion), up 22.4% year-on-year
** TP ICAP Midcap says the logistics firm's results were significantly higher than expectations with all regions performing better than anticipated
** "This performance can be attributed to the ramp-up of contracts that began in previous quarters, as well as to the 12 contracts that began in Q2 alone," Midcap added
** Shares are on track for their best day since March 2022, if gains hold
($1 = 0.8754 euros)
(Reporting by Mathias de Rozario in Gdansk)