ID Logistics has published sales of 696 million euros for the 3rd quarter, up +9.5% (or +7.5% on a like-for-like basis) on the same period a year earlier.

The contract logistics specialist reported good growth internationally (+13.9% on a like-for-like basis), but a 4.5% drop in business in France on a like-for-like basis.

Overall, ID Logistics ended the first 9 months of 2023 with sales of 1984 million euros, up +5.4% on a like-for-like basis.

ID Logistics is committed to maintaining its pace of commercial development, in particular by realizing the development synergies linked to recent acquisitions.

As expected, ID Logistics' sales growth rebounded sharply in the 3rd quarter, driven by the start-up of major projects in several of our key countries. The Group is well positioned to continue this acceleration between now and the end of the year", says Eric Hémar, Chairman and CEO of ID Logistics.

On the outlook front, the Group states that it is continuing to implement its strategy of assisting global groups in their logistics organization and optimization, and that "recent investments in the United States and Poland, as well as the recent opening of Italy and the United Kingdom, confirm this strategy by accelerating the Group's growth rate".

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