ID Logistics Group (IDL) H2 2025 earnings summary

Executive summary

• Revenues reached €3,737m in 2025, marking a 16.0% like-for-like and 14.2% reported increase year-over-year, with strong growth across all regions.

• Underlying EBITDA increased by 13.2% to €581.1m, and underlying operating income rose by 11.8% to €165.2m.

• Group share of net income surged 19.9% to €63.3m, reflecting higher operating income and controlled financial expenses.

• Expansion included entry into Canada, now operating in 19 countries with 450 sites and 55,000 employees; 27 new sites launched in 2025.

• AI4ID program launched to drive innovation and operational efficiency across logistics functions.

Financial highlights

• Annual revenues grew 16.0% like-for-like to €3,737m; reported growth was 14.2%.

• Underlying EBITDA increased by 13.2% to €581.1m; underlying operating income up 11.8% to €165.2m.

• Group share of net income rose 19.9% to €63.3m, representing 1.7% of revenues.

• Net financial debt stood at €1,371.9m; pre-IFRS 16 debt leverage at 0.9x EBITDA.

• Net cash and cash equivalents at year-end were €283.4m.

Outlook and guidance

• Entering 2026 with strong growth momentum and a robust pipeline of new projects.

• Plans to continue portfolio growth and strengthen positions in high-potential sectors, with further expansion in Europe and the US targeted.

• Ongoing investment in AI and digital transformation.

• Focus on achieving productivity at new sites and successful start-ups in 2026.

• Focus on securing launches and ramp-up of recent projects, especially in fashion, cosmetics, and high tech.