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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Imaging Dynamics Company Ltd | TSXV:IDL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.03 | 0.03 | 0.86 | 0 | 01:00:00 |
Regulatory News:
ID Logistics, (ISIN: FR0010929125, Ticker: IDL) (Paris:IDL) one of the European leaders in contract logistics, is today reporting its revenues for the third quarter of 2022.
Eric Hémar, Chairman and CEO of ID Logistics, commented: « ID Logistics recorded another solid commercial performance in the past quarter, benefiting from both good organic growth and the successful integration of recent acquisitions. The last quarter, which is usually dynamic with the end-of-year promotional periods, should allow us to sign another good year ».
Revenues €m
2022
2021
Change
Like-for-like % change*
3rd quarter
France
215.9
191,1
+13.0%
+6.8%
International
425.9
277,1
+53.7%
+14.1%
Total
641.8
468.2
+37.1%
+11.1%
9 months
France
638.8
567.8
+12.5%
+6.3%
International
1 183.6
793.5
+49.2%
+19.2%
Total
1,822.4
1,361.3
+33.9%
+13.9%
*See appendix
ANOTHER DYNAMIC QUARTER WITH SUSTAINED GROWTH OF +37.1% IN Q3
ID Logistics once again recorded strong revenue growth to reach €641.8 million in Q3 2022, up +37.1% and +11.1% like-for-like compared to Q3 2021.
Overall, ID Logistics ends the first nine months of 2022 with revenues of €1,822.4 million, up +33.9% (+13.9% like-for-like). During the 3rd quarter of 2022, the Group started up 5 new sites, i.e. 13 since the beginning of the year 2022, in line with the business plan for the current year.
NEW CONTRACTS
The number of tenders to which ID Logistics is invited to respond remains high in Q3 2022.
For example, the Group won or started the following new contracts during the quarter:
OUTLOOK
ID Logistics is committed to maintaining its pace of business development, in particular by realizing the development synergies from recent acquisitions. The Group also remains focused on increasing the productivity of recent projects and managing the start-ups of the year 2022. Finally, it is remaining alert to changes in the macro-economic situation and attentive to its clients' needs for support.
NEXT REPORT
Q4 2022 revenues on January 24, 2023, 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 360 sites across 18 countries, representing nearly 8.0 million square meters of warehousing facilities in Europe, America, Asia and Africa, with 28,000 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
In €m
2021
Scope effects
Effects of
exchange rate
fluctuations
Effects of
adoption of
IAS 29*
% like-for-like
change
2022
1st quarter
435.7
+7.7%
+0.8%
+0.1%
+15.1%
539.0
2nd quarter
457.4
+22.8%
+2.0%
+0.0%
+15.5%
641.6
3rd quarter
468.2
+24.4%
+1.4%
+0.2%
+11.1%
641.8
Total 9 months
1,361.3
+18.6%
+1.3%
+0.1%
+13.9%
1,822.4
* Accounting treatment for hyperinflationary in Argentina
View source version on businesswire.com: https://www.businesswire.com/news/home/20221024005666/en/
ID Logistics Yann Perot CFO Tel: +33 (0)4 42 11 06 00 yperot@id-logistics.com
Investor Relations - Contact NewCap Tel : +33 (0)1 44 71 94 94 idlogistics@newcap.eu
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