Logista grows its Revenues by 5%, reaching Economic Sales of €567m in the first semester
The Group continues with its main activities in an economic and social context marked by COVID-19 pandemic
Net Profit reaches €66m
Madrid, 29 april 2020
The Economic Sales stayed practically stable with a drop of 0.1% until €567m, because of the improvements registered in the activity in Iberia and Italy that offset the reduction in France.
The Adjusted Operating Profit reached €112m, significantly lower than the one registered in the same period of 2019, but if we exclude the non-recurring impacts on activity, including that produced by the COVID-19 pandemic, the evolution was positive, growing by 2%.
Regarding the Operating Profit, it stood at €85m in the first half. Excluding the aforementioned impacts, the Operating Profit also had a positive evolution, increasing by 8%.
As a consequence of all the above, Net Profit decreased by 11.8% to €66m.