To those who despair of the Tartar desert that the mid-cap compartment of the Paris Stock Exchange has become, we must recall the conditions for the development of an oasis: luxuriant growth, profitability in the shadow of the economic situation and a fresh source of financing. And when they are combined, investors from all horizons are willing to bring caravans of cash to enlarge the Eden of their portfolios, as proven by the surprise capital increase of ID Logistics.
The French number 1 in contract logistics could have lost the support of its current shareholders along the way. The latter did not benefit from preferential subscription rights for a fundraising of 135 million euros, or a little over 5% of its market capitalization, which is not urgent given the strength of the balance sheet, and which comes fifteen days after a historic record for the stock.
