Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Board Member Herve Francois Montjotin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • May 01
ID Logistics Group SA, Annual General Meeting, Jun 03, 2026 ID Logistics Group SA, Annual General Meeting, Jun 03, 2026. Location: 55 chemin des engrenauds, orgon France Duyuru • Jan 26
ID Logistics Group SA to Report Fiscal Year 2025 Results on Mar 11, 2026 ID Logistics Group SA announced that they will report fiscal year 2025 results After-Market on Mar 11, 2026 Duyuru • Jul 23
ID Logistics Group SA to Report First Half, 2025 Results on Aug 27, 2025 ID Logistics Group SA announced that they will report first half, 2025 results on Aug 27, 2025 Duyuru • May 01
ID Logistics Group SA, Annual General Meeting, Jun 03, 2025 ID Logistics Group SA, Annual General Meeting, Jun 03, 2025. Location: 55 chemin des engrenauds, orgon France Duyuru • Apr 23
ID Logistics Group SA to Report Q2, 2025 Results on Jul 23, 2025 ID Logistics Group SA announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Duyuru • Jan 28
ID Logistics Group SA to Report Fiscal Year 2024 Results on Mar 12, 2025 ID Logistics Group SA announced that they will report fiscal year 2024 results After-Market on Mar 12, 2025 New Risk • Sep 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Duyuru • Sep 07
ID Logistics Group SA announced that it expects to receive €135 million in funding ID Logistics Group SA announced a private placement of 375,000 new shares at a price of €360 per share for the gross proceeds of €135,000,000 on September 5, 2024. The company has agreed to a lock-up period of 180 calendar days following the settlement and delivery date of the capital increase, subject to customary exceptions. The transaction is expected to close on September 9, 2024. Reported Earnings • Aug 30
First half 2024 earnings released First half 2024 results: Revenue: €1.52b (up 18% from 1H 2023). Net income: €16.8m (up 4.8% from 1H 2023). Profit margin: 1.1% (down from 1.2% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: €8.77 (vs €7.96 in FY 2022) Full year 2023 results: EPS: €8.77 (up from €7.96 in FY 2022). Revenue: €2.75b (up 11% from FY 2022). Net income: €52.1m (up 15% from FY 2022). Profit margin: 1.9% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 14
Full year 2023 earnings released Full year 2023 results: Revenue: €2.75b (up 11% from FY 2022). Net income: €52.1m (up 15% from FY 2022). Profit margin: 1.9% (up from 1.8% in FY 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Duyuru • Jan 25
ID Logistics Group SA to Report Fiscal Year 2023 Results on Mar 13, 2024 ID Logistics Group SA announced that they will report fiscal year 2023 results After-Market on Mar 13, 2024 New Risk • Aug 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Reported Earnings • Aug 31
First half 2023 earnings released First half 2023 results: Revenue: €1.29b (up 9.2% from 1H 2022). Net income: €16.1m (down 12% from 1H 2022). Profit margin: 1.2% (down from 1.5% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 26
ID Logistics Group SA to Report First Half, 2023 Results on Aug 30, 2023 ID Logistics Group SA announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jul 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (94% net debt to equity). Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Duyuru • Jun 01
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Spedimex Sp Z O O from Marcin Bak and others. ID Logistics Group SA (ENXTPA:IDL) agreed to acquire Spedimex Sp Z O O from Marcin Bak and others for an enterprise value of PLN 350 million on March 22, 2023. Spedimex increased its turnover to reach PLN 510 million in 2022. The transaction remains subject to the approval of the competent Polish antitrust authorities and is expected to be completed by June 2023. The payment terms allow ID Logistics to maintain a solid financial structure post-acquisition, with a debt ratio as of December 31, 2022 unchanged at 1.9x the EBITDA pre-IFRS 16. Tomasz Zak, Jean-Marc Franceschi, Piotr Skurzynski, Marcin Czaprowski of Hogan Lovells (Paris) LLP acted as legal advisor to ID Logistics Group SA
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Spedimex Sp Z O O from Marcin Bak and others on May 31, 2023. Board Change • Mar 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Board Member Herve Francois Montjotin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Mar 17
Full year 2022 earnings released Full year 2022 results: Revenue: €2.48b (up 30% from FY 2021). Net income: €45.2m (up 36% from FY 2021). Profit margin: 1.8% (in line with FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the Logistics industry in Europe. Duyuru • Jan 28
ID Logistics Group SA to Report Fiscal Year 2022 Results on Mar 15, 2023 ID Logistics Group SA announced that they will report fiscal year 2022 results After-Market on Mar 15, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Board Member Herve Francois Montjotin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 03
First half 2022 earnings released First half 2022 results: Revenue: €1.18b (up 32% from 1H 2021). Net income: €18.3m (up 43% from 1H 2021). Profit margin: 1.6% (up from 1.4% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17% compared to a 6.4% decline forecast for the Logistics industry in Germany. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Board Member Herve Francois Montjotin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 06
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Kane Logistics, Inc. from Harkness Capital Partners LLC. ID Logistics Group SA (ENXTPA:IDL) agreed to acquire Kane Logistics, Inc. from Harkness Capital Partners LLC for an enterprise value of approximately $240 million on February 13, 2022. The Kane team will continue with the Company post the closing of the investment and the group will rely on the management of Kane Logistics to manage all its North American activities. At closing, the transaction will be based on an enterprise value of $240 million and will be settled entirely in cash. ID Logistics will maintain a sound financial structure with a pre-IFRS16 debt ratio estimated at 2.6x post-acquisition proforma EBITDA. This acquisition will be accretive on the EBITDA of the ID Logistics group from the first year of consolidation. The transaction remains subject to the approval of the competent US antitrust authorities (Hart-Scott-Rodino Antitrust Improvement Act). The acquisition is expected to be completed before the summer of 2022. Stéphane Vanbergue and Pierre-David Forterre of Eight Advisory acted as financial due diligence and Guillaume Rembry and Hubert Christophe of Eight Advisory Avocats acted as tax due diligence advisors to ID Logistics. Jean-Marc Franceschi, Ashlee Sawyer Gilson, Michel Quéré, Eric Paroche, Ludovic Geneston, Mark Weinstein, Carin Carithers, Robert Baldwin, Brian Curran, Sophie Lok and Nathan Cooper of Hogan Lovells acted as legal advisor for ID Logistics. BofA Securities Europe SA acted as financial advisor to ID Logistics Group SA. Frank Mountcastle and Jonathan Meredith of The Harris Williams Transportation & Logistics Group acted as financial advisor to Kane Logistics.
As on April 4, 2022, Stan Schrader, Chief Commercial Officer of Kane Logistics, has been appointed CEO of ID Logistics US.
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Kane Logistics, Inc. from Harkness Capital Partners LLC on April 4, 2022. Duyuru • Apr 04
ID Logistics Appoints Stan Schrader as CEO of ID Logistics US ID Logistics announcing the completion of the acquisition of 100% of Kane Logistics in the United States. Stan Schrader, Chief Commercial Officer of Kane Logistics, has been appointed CEO of ID Logistics US with the objective of maintaining a high level of organic growth and implementing the commercial synergies offered by this merger. Stan is particularly attentive to the quality of service delivered to his customers. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €1.91b (up 16% from FY 2020). Net income: €33.1m (up 31% from FY 2020). Profit margin: 1.7% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 22%, compared to a 4.6% growth forecast for the industry in Germany. Duyuru • Jan 30
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Colisweb SAS. ID Logistics Group SA (ENXTPA:IDL) agreed to acquire Colisweb SAS for an enterprise value of €24 million on December 14, 2021. The consideration is in cash. A price supplement of up to a maximum of €14 million may be paid in 2023 and 2024 depending on the achievement of development objectives for Colisweb's activities. The transaction is expected to close in early 2022. Jean-Marc Franceschi, Eric Paroche and Arnaud Deparday of Hogan Lovells acted as legal advisors to ID Logistics. Damien Barenne and Cyril Couplet of Septentrion Finance SARL acted as financial advisors to Ze 12th Player and Alexandre Ghesquière and Sebastien Roy of Bignon, Lebray & Associes acted as legal advisors to Ze 12th Player. Stéphane Vanbergue, Pierre-David Forterre and Charles Frassaint of Eight Advisory conducted financial due diligence of Colisweb for ID Logistics and Guillaume Rembry, Hubert Christophe and Jérémy Cosma of Eight Advisory Avocats conducted tax due diligence of Colisweb for ID logistics.
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of Colisweb SAS on January 28, 2022. Duyuru • Dec 17
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of GVT Transport & Logistics B.V. from GVT Group of Logistics B.V. ID Logistics Group SA (ENXTPA:IDL) agree to acquire GVT Transport & Logistics from Gvt Group Of Logistics B.V for an enterprise value of €80 million on November 9, 2021. Consideration will be fully paid in cash. The division named BTT, which offers multimodal container solutions, is not part of the transaction and will remain operated separately by GVT Group of Logistics. ID Logistics will keep a sound financial structure with a leverage ratio of 1.2x proforma EBITDA post-acquisition. The transaction remains subject to the approval of Dutch competent regulatory authorities in merger & acquisition monitoring control. Closing is expected by the end of 2021.
ID Logistics Group SA (ENXTPA:IDL) completed the acquisition of GVT Transport & Logistics B.V. from GVT Group of Logistics B.V. on December 16, 2021. Duyuru • Dec 14
ID Logistics Group SA (ENXTPA:IDL) agreed to acquire Colisweb SAS for an enterprise value of €24 million. ID Logistics Group SA (ENXTPA:IDL) agreed to acquire Colisweb SAS for an enterprise value of €24 million on December 14, 2021. The consideration is in cash. A price supplement of up to a maximum of €14 million may be paid in 2023 and 2024 depending on the achievement of development objectives for Colisweb's activities. The transaction is expected to close in early 2022. Reported Earnings • Aug 27
First half 2021 earnings released The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €893.1m (up 15% from 1H 2020). Net income: €12.9m (up 142% from 1H 2020). Profit margin: 1.4% (up from 0.7% in 1H 2020). The increase in margin was driven by higher revenue. Executive Departure • Jun 07
Independent Director Muriel Mayette-Holtz has left the company On the 1st of June, Muriel Mayette-Holtz's tenure as Independent Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Muriel's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.25 years. Executive Departure • Jun 07
Independent Director Michele Cyna has left the company On the 1st of June, Michele Cyna's tenure as Independent Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Michele's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.25 years. Reported Earnings • Mar 20
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.64b (up 7.1% from FY 2019). Net income: €25.2m (up 70% from FY 2019). Profit margin: 1.5% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 07
New 90-day high: €223 The company is up 21% from its price of €184 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €409 per share. Is New 90 Day High Low • Dec 17
New 90-day high: €216 The company is up 22% from its price of €176 on 18 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €402 per share. Is New 90 Day High Low • Oct 24
New 90-day high: €203 The company is up 12% from its price of €181 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Logistics industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €349 per share. Is New 90 Day High Low • Sep 23
New 90-day low: €169 The company is down 6.0% from its price of €180 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €319 per share. Duyuru • Jul 24
ID Logistics Group SA to Report First Half, 2020 Results on Aug 26, 2020 ID Logistics Group SA announced that they will report first half, 2020 results on Aug 26, 2020