ID Logistics

Acceleration of Growth in Q2 2021 - Seite 2

 

 

 

 

France

376.7

344.1

+9.5%

+9.5%

International

516.4

432.5

+19.4%

+24.6%

Total

893.1

776.6

+15.0%

+17.7%

* see definitions in appendix

CONFIRMATION OF THE GOOD START TO 2021 WITH SUSTAINED GROWTH IN Q2

ID Logistics confirms the good start to 2021 with continued strong revenue growth in the 2^nd quarter to reach €457.4 million, up +19.1% and +20.5% on a like-for-like basis. As a reminder, activity in the second quarter of 2020 recorded a slight decrease (-0.6%) despite lockdown measures, particularly in France and Spain.

• In France, ID Logistics recorded a +14.8% increase in revenues to €195.9 million in the past quarter.
  The 2^nd quarter of 2020 had been impacted by the lockdown measures in April and early May 2020 before rebounding strongly in June 2020 to end up slightly down (-5.9%) compared to the 2^nd quarter of 2019. The temporary downturn in activity was therefore largely offset by the good performance recorded in Q2 2021.
• International revenues continued to accelerate in Q2 2021, with revenues up 22.5% to €261.5m. Adjusted for a generally unfavorable currency effect, revenues were up 25.1% like-for-like compared with Q2 2020. As a reminder, international activity had increased by +4.1% despite the global health crisis.

ID Logistics thus concludes the 1^st half of 2021 with revenues of €893.1 million, up 15.0% (+17.7% on a like-for-like basis), with a level of activity benchmarked in 2020 that had already increased by +4.3% over the same period. Growth in e-commerce activity remains dynamic and accounted for 27% of revenues in the first half of 2021. ID Logistics has started up 9 new warehouses (4 in France and 5 internationally) since the beginning of the year, in line with the roadmap set for 2021.