Quadient: an analyst aims (clearly) higher







Photo credit © Quadient

(Boursier.com) — Quadient and GLS France, one of the leading express parcel transport providers in Europe, have signed a significant agreement. The carrier, which processes more than 860 million parcels per year at group level, can now rely on the open Parcel Pending by Quadient network currently being deployed in France to offer more delivery methods and locations to its 6,000 customers. In France.

Under the new agreement, From November, GLS will have access to the entire open Quadient network in France for the delivery of its packages, and will also benefit from spaces reserved exclusively on a specific number of sites selected from the priority geographic areas for the carrier.
GLS France plans to offer up to 1,500 Quadient points to its customers by 2025, including those from the Auchan network recently announced.

“Good news for Quadient, which continues to work on the densification and improvement of the utilization rate of its network of lockers in France” comments Portzamparc, which is targeting a price of 29 euros while remaining on purchase. The stock rose 1.9% to 19.22 euros this Friday on the Paris stock exchange.


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