ID Logistics: Good Financial Performance in 2020, Driven by International Business
Revenues: +7.1% to €1,642.8 million
Underlying operating income: +12.0% to €60.5 million
Cash flow from operations: +27% to €154.2 million after operating investments
Financial debt: down to 0.7x EBITDA
Regulatory News:
ID Logistics (Paris:IDL) (ISIN: FR0010929125, Mnémo: IDL) one of the European leaders in contract logistics, announces its 2020 results with revenues up +7.1% to €1,642.8 million and underlying operating income of €60.5 million, up +12.0%.
Eric Hémar, Chairman and CEO of ID Logistics, commented:
We have achieved the three targets we had set at the beginning of the health crisis: we have been able to protect our teams and none of our 340 ID Logistics sites has been closed for health reasons; we have been able to support our customers and deploy e-commerce solutions in record time; and finally, thanks to strict financial management, we have emerged from this crisis
SES-IMAGOTAG: SES-imagotag: Return to strong growth in H2 2020
H2 Sales of €170m (+35%)
Record increase in Q4 order entries to €202m (€455m on a full year basis)
Good visibility around improved outlook for 2021
Net cash position at +€3m thanks to marked improvement in working capital
Sales (€m)
Thierry Gadou, Group Chairman and CEO said: We have been able to end this difficult year on a strong note of optimism and with a sharp rebound, thanks, above all, to the magnificent effort that retailers around the world have made to cope with the COVID crisis. Despite monumental challenges, our retail partners have continued to supply their customers with life s essentials. The pandemic has demonstrated the importance of physical retailers to the economy, to society in terms of jobs and to the sustainability of communities. Far from championing a victory of e-commerce in retail, we have seen that the tragedy of the global health crisis has put retail stores and their omnicha
SES-IMAGOTAG: SES-imagotag joins United Nations Global Compact
> The Group commits to the ten principles of the UN initiative, in addition to its Roadmap for Positive Retail launched a year ago
SES-imagotag, (Euronext: SESL, FR0010282822) the global leader in Electronic Shelf Labels (ESLs) and digital solutions for physical retail, today announces that it is joining the United Nations Global Compact initiative.
The Group pledges to further extend its ambition to build a better and positive retail by committing to the ten universally accepted principles of the UN program in the areas of human rights, labor standards, environment and climate, as well as the prevention of corruption.