ID Logistics: Very Strong Performance in the First Half of 2026
- Revenues: +18.3% to 2.084,6 million (+20.0% on a like-for-like basis)
- Underlying operating income: +23.3% to €81.1 million (margin +20 bps)
- Strong cash flow generation and pre-IFRS 16 debt leverage ratio down to 0.6x underlying EBITDA
- ID Logistics expands into its 20th country with its first operation in Australia
ORGON, France, August 26, 2026--Regulatory News:
ID Logistics, (ISIN: FR0010929125, Mnemo: IDL) European leader in contract logistics, announces today its results for the first half of 2026 with revenues up +18.3% to 2,084.6 million and underlying operating income up +23.3% to €81.1 million.
Eric HÉMAR, Chairman and CEO of ID Logistics, commented: "ID Logistics posted a strong performance in the first half of 2026: revenues up 20%, an operating margin up 20 basis points, and very strong cash flow generation, all while continuing to invest in future growth. This double-digit growth in our key financial indicators demonstrates the robustness of our business model and the quality of our execution over the past 25 years. The diversity of our customer portfolio and the geographic balance of our operations are, now more than ever, key strengths that will enable us to continue on our strong growth trajectory."
| In €m | H1 2026 | H1 2025 | Change |
| Revenues | 2,084.6 | 1,761.7 | +18.3% |
| Underlying EBITDA * | 314.8 | 267.0 | +17.9% |
| As a % of revenues | 15.1% | 15.2% | -10 bps |
| Underlying operating income * | 81.1 | 65.8 | +23.3% |
| As a % of revenues | 3.9% | 3.7% | +20 bps |
| Cash flow from operations after operating investments * | 264.8 | 155.9 | +69.9% |
| Net financial debt * / Underlying EBITDA (1) | 0.6x | 0.9x |
* See definition in the notes
(1) Pre-IFRS 16
REVENUES GROWTH OF +18.3% (+20.0% ON A LIKE-FOR-LIKE BASIS)
ID Logistics reported revenues of €2,084.6 million in the first half of 2026, up 18.3%. Adjusted for an overall unfavorable currency effect, growth was 20.0% on a like-for-like basis compared to the first half of 2025, which had already seen an increase of 16.5%.
During the first half of 2026, the following stood out in particular:
Strong business activity in France, with revenues up 5.7% (24% of Group revenues);
Strong revenues growth in Europe excluding France (47% of Group revenues), up +19.7% on a like-for-like basis;
Very strong momentum in North America (21% of Group revenues), with revenue up +46.3% on a like-for-like basis;
A +13.8% increase on a like-for-like basis for the rest of the world (8% of Group revenues), which now includes Australia - ID Logistics' 20th country - where operations began during the first half of the year.