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Logista 9-Month Net Profit Down 9.7% At 214 Mln Euros YoY

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LOG

Logista SA LOG:

  • 9-MONTH REVENUE 9.94 BILLION EUROS

  • 9-MONTH ADJUSTED EBIT 287 MILLION EUROS

  • 9-MONTH NET PROFIT 214 MILLION EUROS

  • ESTIMATES ADJUSTED OPERATING PROFIT, INCLUDING IMPACT OF VALUE OF INVENTORIES, WILL BE IN LINE WITH CURRENT MARKET EXPECTATIONS FOR FY 2025

  • ESTIMATES ADJUSTED OPERATING PROFIT EXCLUDING IMPACT ON INVENTORY VALUES, WILL BE SLIGHTLY BELOW THAT OF FY 2024

  • BOARD OF DIRECTORS APPROVED DISTRIBUTION OF INTERIM DIVIDEND FOR 2025 FINANCIAL YEAR OF 0.56 EUROS PER SHARE, WILL BE PAID ON AUG 28

  • MAINTAINING THE DIVIDEND POLICY WILL REMAIN A PRIORITY FOR LOGISTA

  • CONTINUES TO SEEK ACQUISITION OPPORTUNITIES OF COMPLEMENTARY AND SYNERGISTIC BUSINESSES

  • COMMITTED TO DISTRIBUTE DURING FY 2025 AT LEAST A DIVIDEND EQUAL TO THAT DISTRIBUTED IN 2024 OF €2.09/SHARE

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