Logista makes the day
Logista, a distribution company headquartered in Spain, has released its results for the first half of FY/2021.
Revenues have grown by 5.8%, due to the good performance of the pharma, courier and long distance transport businesses, as well as the increase in the distribution of tobacco and convenience products in Italy and France, which have offset lower levels in the other business segments.
Adjusted operating profit (ebit) grew by 23.1% compared to the same period of the previous year, reaching EUR 138 million. Net profit showed an increase of 33.2% to EUR 88 million.
The current market situation has encouraged the company to raise its forecasts. Logista now expects adjusted operating profit in 2021 to register a growth above 10% over the growth achieved in 2020. (sh)