Logista Integral SA

LOG

Equity

ISIN ES0105027009 / Valor 24803372

BME Bolsas y Mercados Espanoles - Renta Variable (2026-05-27)

EUR 33.74+0.54%

Logista Integral SA
UMushroom community rating:

1.50 2 votes No rating yet

NegativeNeutralPositive

About company

Compania de Distribucion Integral Logista Holdings S.A., commonly known as Logista, is a prominent logistics and distribution company with a significant footprint in Southern Europe. The company specializes in providing tailored logistics solutions, ensuring efficient and rapid market access for manufacturers across various sectors. With operations spanning Spain, France, Italy, and Portugal, Logista serves approximately 200,000 points of sale, demonstrating its extensive reach and capability in connecting manufacturers with retailers and consumers. Beyond its core markets, the company also extends its logistics services to Poland and the Benelux countries, further showcasing its expansive operational network. Logista's business model is centered around optimizing the supply chain from production to retail, leveraging its expertise in logistics to cater to the specific needs of different industries and retail networks.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Top-line and margins

Revenues: €6,594m (+2.6%). Economic Sales (gross profit): €904m (‑1.3%). Adjusted EBIT: €195m (‑3.5%), with an Adjusted EBIT margin on Economic Sales of 21.6% (down 49 bps vs H1‑2025). Operating profit (EBIT) was €159m (‑8.6%).

Net profit and EPS

Profit before tax: €187m (‑8.3%). Effective tax rate rose to 27.1% (from 25.8%). Net Profit: €136m (‑9.9%). Basic EPS: €1.03 vs €1.14 in H1‑2025.

Inventory valuation and one-off effects

Profit on inventory (from tobacco price/tax rises) was estimated at €32m in H1‑2026 vs €46m in H1‑2025 — a key driver of the decline in reported profit. Restructuring costs were €5m (vs €2m) and an impairment of €1m was booked on publishing assets (vs a €3m capital gain a year earlier).

Regional performance

Iberia: Revenues €2,551m (+3.6%) but Economic Sales €583m (‑2.9%) and Adjusted EBIT €104m (‑2.9%). Italy: Revenues €2,380m (+6.3%), Economic Sales €222m (+4.1%) and Adjusted EBIT €67m (‑1.3%). France (incl. Poland): Revenues €1,694m (‑3.4%), Economic Sales €102m (‑3.0%) and Adjusted EBIT €24m (‑11.6%).

Cash, financials and working capital

Cash and cash equivalents: €1,915m. Net inventory: €1,948m. EBITDA: €251m (vs €261m). Free cash flow was negative €536m for the period (seasonal pattern). Net financial income: €27m (vs €29m), reflecting a lower average interest rate; average credit line balance with majority shareholder ~€1,928m.

Dividends and shareholder returns

FY2025 total dividend paid €2.09/share (€277m total). Management intends FY2026 total dividend per share of at least €2.09/share (same as FY2024/FY2025).

Outlook

Guidance: Logista expects mid‑single‑digit growth in Adjusted EBIT for fiscal 2026 versus fiscal 2025, excluding inventory valuation effects and potential new acquisitions. The Group continues to pursue complementary acquisitions and intends to maintain shareholder returns.

Summarized from source with an LLMView Source

Key figures

17.3%1Y

43.5%3Y

87.0%5Y

Performance

18.7%1Y

16.8%3Y

17.9%5Y

Volatility