ID Logistics: Good Financial Performance in 2020, Driven by

ID Logistics: Good Financial Performance in 2020, Driven by International Business


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 stronger than ever and we can continue our ambitious development strategy. I would like to thank once again all our teams for their unfailing commitment and our customers for their trust and loyalty ».

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