ID Logistics sets sail for Italy

It is between Genoa and Milan, in northern Italy, that ID Logistics has settled down. Located in Casei Gerola, the transalpine site of the contract logistics group has been operational for a week. Covering an area of ​​62,900 m², we find the products of a ” international player in e-commerce », whose identity ID Logistics takes great care not to reveal. But the two groups know each other, the French taking care of the operations of this client in six countries and having developed processes that are specific to it. The website ” can receive up to 55,000 units per day and ship up to 60,000, serving more than 80 different destinations. 350 employees work there daily, up to 500 at peak times “says the logistician. With this new location, the eighteenth, ID Logistics is present in all the main contract logistics markets in continental Europe and covers more than 80% of the total. ” It also constitutes a solid base for our continued growth in a high-potential market. », Believes Eric Hémar, the boss of ID.

collateral victim

Precisely, growth is a subject that worries investors. On the stock market, the title dropped 6% over one month, penalized by the series of alerts from distribution and e-commerce players. The analyst from the firm TP-Icap Midcap, who spoke with Eric Hémar, wants to be confident in a note sent to his clients. ” The group does not observe any slowdown in calls for tenders in the e-commerce segment for its parthe wrote. Regarding volumes, our exchanges […] are reassuring. Although customer budgets have been revised downwards compared to the beginning of the year, the group has not observed a drastic drop in volumes. Remember that the group is able to adjust its use of temporary workers in order to cope with a possible contraction in volumes. Moreover, it remains exposed to FMCG for half of its turnover, which makes it look quite defensive.. »