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ID Logistics: Q3 sales up 9.5%

(CercleFinance.com) - ID Logistics has published Q3 sales of E696m, up 9.
5% (or 7.5% LFL) y-o-y.

The contract logistics specialist boasts good international growth (+13.9% LFL), although a 4.5% decline in business in France on a comparable basis.

Overall, ID Logistics ended the first 9 months of 2023 with sales of E1,984m, up 5.4% LFL.

Management says that, as expected, sales growth rebounded sharply in Q3, driven by the start-up of major projects in several key countries. It is well positioned to continue this acceleration through to the end of the year.


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