(News Bulletin 247) – ID Logistics shares lost ground on Thursday, the solid annual results published yesterday evening after the close did not encourage investors to push the value higher after its rise in recent months.
The contract logistics specialist unveiled on Wednesday evening a 2022 turnover up 31.9% to 2.48 billion euros for a current operating profit up 48.8% to 108.2 million.
For Eric Hémar, its CEO, this is a new year of ‘strong growth’, illustrating the ‘solidity’ and ‘relevance’ of the company’s economic model.
The leader emphasizes that his group now has a particularly dynamic growth driver in the United States, which allows it to support its major customers and prospects in their main geographical areas.
Cash generated by operations rose 54.6% to 283.3 million euros last year, a figure that is understood after operating investments.
Following this publication, the title ID Logistics yielded 1.4% Thursday morning on the Paris Stock Exchange. It still shows a gain of almost 12% over the last six months.
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