ID Logistics
OUR ACTION ADVICE ON ID LOGISTICS – The economic model of the French logistician is working wonders outside France, first in the rest of Europe, but especially in the United States. Hence extraordinary growth.
Have you heard of ID Logistics? As its name suggests, it is a contractual logistics group whose stock entered the SBF 120, the broad index of large stocks of the Paris Stock Exchange, in June 2023. It has good chances to stay there: if at the time, the share was worth around €250, it is trading today in the €400 zone, i.e. a capitalization of more than €2.5 billion.
It must be said that the insolent growth of ID Logistics, which is not only strong but accelerating, speaks in its favor. At the very beginning of the year, we wrote that 2024 turnover could reach the 3 billion euro mark. Which seems certain: at this time, the consensus is convinced that the 3.2 billion euros will be exceeded. In short, greater than 10% in 2023, sales growth could approach 17% in 2024.
Organic growth of over 20%!
A hypothesis that the group's latest publication seems to validate: while the dynamics of the half-yearly accounts were already more than robust
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