ID Logistics: slight drop in net income, Group share


(CercleFinance.com) – ID Logistics presents its results for the 1st half of 2023 with revenue up +10.3% at €1,289 million and current EBITDA up +17.5% at €192.4 million (+90bps).

Current operating profit increased by +13.5% to 47.9 ME. The current operating margin thus increased by 10 basis points to 3.7% in the 1st half of 2023.

Net profit attributable to the Group amounted to €16.4 million in the first half of 2023, down slightly by €1.9 million compared to the first half of 2022. This performance includes net financing costs of €11.9 million. , up €7.6 million compared to the first half of 2022.

The Group’s activities generated 147.6 ME in cash during the first 6 months of 2023, up +33.9% compared to 2022

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