ID Logistics

a Dynamic 1st Quarter 2021

Regulatory News:

ID Logistics (Paris:IDL) (ISIN: FR0010929125, Ticker: IDL) one of the European leaders in contract logistics, is today reporting its revenues for the first quarter of 2021.

Eric Hémar, Chairman and CEO of ID Logistics, commented: « The sales momentum continues in line with the end of the previous year and once again illustrates the relevance of ID Logistics' positioning in fast-growing market segments (e-commerce, food, consumer goods). However, we remain alert to the evolution of the health crisis in order to anticipate and respond to the needs of our customers ».

Revenues (€ million)	2021	2020	Change	Like-for-like % change*
1st quarter
France	180.8	173.5	+4.2%	+4.2%
International	254.9	219.0	+16.4%	+24.0%
Total	435.7	392.5	+11.0%	+15.0%

* Group exchange rate effect -3.6% and Group scope effect -0.4% (see definitions in appendix)

GOOD START FOR THE YEAR 2021 WITH DYNAMIC GROWTH IN THE FIRST QUARTER

Following on from the end of 2020, ID Logistics has made a good start to the year 2021 with sustained growth in its revenues in the first quarter to reach €435.7 million, up by +11.0% and +15.0% on a like-for-like basis.

• In France, ID Logistics recorded a +4.2% increase in revenues during the past quarter to €180.8 million. It is to be pointed out that the first quarter of 2020 was only slightly impacted by the lockdown measures implemented in mid-March 2020.
• Outside France, revenues for the first quarter of 2021 showed strong growth of +16.4% to €254.9 million. Adjusted mainly for a very unfavorable currency effect, particularly in South America, growth was 24.0% like-for-like. All regions reported growth, with a sustained performance in Germany and Poland, which benefited in the first quarter from the full-year effect of projects started in 2020. 

During this first quarter, ID Logistics started up 4 new warehouses, in line with the 2021 roadmap.