We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
ID Logistics Group | EU:IDL | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.00 | 0.75% | 402.00 | 400.00 | 403.50 | 402.00 | 392.50 | 398.00 | 3,211 | 16:40:00 |
Regulatory News:
ID Logistics (Paris:IDL), (ISIN: FR0010929125, Mnémo: IDL) one of the European leaders in contract logistics announces today its sales for the fourth quarter 2021.
Eric Hémar, Chairman and CEO of ID Logistics, commented: « We are very pleased to celebrate ID Logistics' 20th anniversary with a solid commercial performance. Our leadership in e-commerce and our ability to anticipate peak periods in the last quarter of the year have enabled us to achieve another year of sustained growth. We look forward to 2022 with confidence and intend to continue developing our profitable growth model and successfully integrate the two acquisitions made at the end of 2021. »
Revenues (€ million)
2021
2020
% change
Like-for-like % change
Fourth quarter
France
208.1
193.1
+7.8%
+7.8%
International
341.5
261.0
+30.8%
+26.9%
Total
549.6
454.1
+21.0%
+18.8%
Full-Year
France
775.9
721.0
+7.6%
+7.6%
International
1 135.0
921.8
+23.1%
+24.4%
Total
1 910.9
1 642.8
+16.3%
+17.0%
*see definitions in appendix
SUSTAINED GROWTH IN THE 4TH QUARTER
ID Logistics maintained strong revenue growth in the 4th quarter of 2021 to reach €549.6 million, up +21.0% as reported and 18.8% like-for-like. This performance is all the more significant given that activity in Q4 2020 had already rebounded by +12.0% compared to 2019.
CONFIRMATION OF GOOD MOMENTUM IN 2021 WITH GROWTH OF 16.3%
Since its creation in 2001, ID Logistics has recorded 20 consecutive years of growth and ended 2021 with revenues of €1,910.9m, up +16.3% (+17.0% like-for-like), after a year 2020 that had already seen a good level of growth at +7.1%. In 2021, ID Logistics started 22 new operations, a level that is similar to 2020. The share of e-commerce activity continues to grow at 28% in 2021, including 33% in the 4th quarter of the year.
NEW CONTRACTS
The number of tenders to which ID Logistics is invited remains significant. For example, the Group won or started up the following new contracts during the fourth quarter 2021:
OUTLOOK
ID Logistics is well positioned to continue its profitable expansion in 2022, while remaining vigilant to the challenges of the Covid-19 crisis. The first months of 2022 will also be devoted to the integration of GVT in the Benelux and Colisweb in France, companies acquired at the end of 2021. Finally, ID Logistics remains attentive to external growth opportunities, mainly in the United States.
Next Report 2021 annual results: March 16, 2022, after market close.
ABOUT ID LOGISTICS
ID Logistics managed by Eric Hémar is an international contract logistics group, with revenue of €1,911 million in 2021. ID Logistics manages 350 sites across 17 countries, representing nearly 7.0 million square meters of warehousing facilities in Europe, America, Asia and Africa, with 25,000 employees. With a client portfolio balanced between retail, industry, detail picking, healthcare and e-commerce sectors, ID Logistics is characterized by offers involving a high level of technology. Developing a social and environmental approach through a number of original projects since its creation in 2001, the Group is today resolutely committed to an ambitious CSR policy. ID Logistics is listed on Compartment A of Euronext’s regulated market in Paris (ISIN Code: FR0010929125, Ticker: IDL).
Appendix
Like-for-like change
Changes in revenue on a like-for-like basis reflect ID Logistics’ organic performance excluding the impact of:
- acquisitions and disposals: the revenue contribution of companies acquired during the period is excluded from the same period, and the revenue contribution made by companies sold during the previous period is also excluded from that period;
- changes in the applicable accounting principles;
- changes in exchange rates by calculating the revenues in the various periods based on identical exchange rates, so that the reported figures for the previous period are translated using the exchange rates for the current period.
Reconciliation of reported revenues to revenues on a like-for-like basis
(€m)
2020
Effects of acquisitions and disposals
Effects of exchange rate fluctuations
Effects of adoption of IAS 29*
% like-for-like change
2021
1st quarter
392.5
-0.4%
-3.6%
-0.0%
+15.0%
435.7
2nd quarter
384.1
n/a
-1.4%
+0.0%
+20.5%
457.4
3rd quarter
412.1
n/a
+0.0%
+0.0%
+13.6%
468.2
4th quarter
454.1
+1.6%
+0.6%
+0.0%
+18.8%
549.6
12 months
1,642.8
+0.4%
-1.1%
+0.0%
+17.0%
1,910.9
- *Accounting treatment for hyperinflationary in Argentina
View source version on businesswire.com: https://www.businesswire.com/news/home/20220125005642/en/
ID Logistics Yann Perot CFO Tel.: + 33 (0)4 42 11 06 00 yperot@id-logistics.com
NewCap Emmanuel Huynh / Thomas Grojean Investor Relations & Financial Communications Tel.: +33 (0)1 44 71 94 94 idlogistics@newcap.eu
1 Year ID Logistics Chart |
1 Month ID Logistics Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions