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Managing expectations
French contract logistics operator ID Logistics has announced a 4.3% increase in revenues and flat profits in the first half of the year, just days after completing its acquisition of Spanish group Logiters.
Iberia-focused Logiters, which saw revenue of €250m last year and runs 50 warehouses employing 3,300 staff, has strengthened ID Logistics’ presence in both the region and the healthcare/pharmaceuticals and automotive sectors, while also “bolstering its positioning as a contract logistics pure player”.
ID Logistics total revenue for the first six months ...
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