Undervalued ID Logistics? More likely the diner than dinner
Great business case, but what’s the back-up?
French contract logistics specialist ID Logistics saw its international business lines overtake French operations as the largest source of earnings last year.
Full-year revenues outside its home market grew 42.7%.
This was partly spurred by opening a new contract logistics facility in the Spanish hub of Zaragoza for automotive manufacturer Opel, where it employs some 300 staff.
Full-year revenues for the group were €1.33bn, a 24.2% increase on 2016. French business lines saw revenues of €632.5m, a growth of 8.8% on 2016, although ...
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