ID Logistics

Strong Revenue and Earnings Growth in 2018

Regulatory News:

ID Logistics (Paris:IDL), (ISIN: FR0010929125, Ticker: IDL) one of the French leaders in contract logistics, is reporting its 2018 results, with revenues of €1,410.3 million, up 6.1% and up 9.3% at constant exchange rates. Underlying operating income and net income also posted strong growth.

Eric Hémar, Chairman and CEO of ID Logistics, commented: “In 2018, the Group posted good financial performances, demonstrating the strength and competitiveness of our business model. The year 2018 was marked in particular by the improvement in the productivity of recently opened sites and the tight grip we had on the contracts that started up. We have established ourselves as a long-term partner for our customers, and we provide effective support to them with the transformation of their organisation, especially in the e-commerce sector, in which the Group is a leader.”

(€ m)		2018		2017
Revenues		1,410.3		1,329.3
Underlying operating income		47.3		36.7
% of revenues		3.4%		2.8%
Net income		28.7		18.3
% of revenues		2.0%		1.4%
Net debt		63.0		63.4
Equity		189.8		162.3

RAPID PACE OF REVENUE GROWTH MAINTAINED: 9.3% INCREASE AT CONSTANT EXCHANGE RATES

ID Logistics’ 2018 revenues came to €1,410.3 million, up +6.1% and up +9.3% at constant exchange rates:

• In France, 2018 revenues grew at a very strong pace of +8.4% to €685.6 million.
• International revenues came to €724.7 million in 2018, up +4.0% and up +10.2% on a like-for-like basis. All of ID Logistics’ country units delivered growth thanks to positive momentum and the new contracts that started up during the year.

UNDERLYING OPERATING INCOME UP +29% TO €47.3 MILLION