Interim report
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Results Q4 2021 October 2020 - September 2021 Logista The fiscal year - end results can be described as very positive , the main income statement figures having grown despite the fact that there were no COVID - 19 impacts until March of the previous year : 5.6 % Economic sales growth ¹ The business performed well , leading to a 13.2 % rise in Adjusted Operating Profit¹ and a 12.8 % increase in Operating Profit 10.7 % Net Profit growth ● ● ● Financial highlights € million Revenues Economic sales¹ Adjusted operating profit¹ Economic sales margin¹ Operating profit Net profit 1 Oct. 2020 - 30 Sept. 2021 1 Oct. 2019 - 30 Sept. 2020 % Variation 10,816.8 + 3.9 % 10,407.7 1,117.2 1,179.5 + 5.6 % 297.5 262.9 + 13.2 % 25.2 % 23.5 % +170 bp 240.3 213.1 + 12.8 % 174.0 157.2 + 10.7 % Estimated impact of COVID - 19 on business performance and results New waves of the pandemic have been recorded throughout the financial year , reaching their peak in the second quarter . This is in contrast to the previous year when the pandemic started practically at the end of the second quarter . As a result , the situation during the first six months of this financial year cannot be compared to the same period last year , since the pandemic did not affect business in the countries in which Logista operates during the first quarter and almost the entire second quarter . From the second half of the year however , when comparing business in the context of COVID - 19 for both financial years , the overall economic situation this year has been more positive than in 2020 . The Spanish , Portuguese , French and Italian governments again imposed a number of measures to limit working hours , keep businesses closed and restrict mobility , in addition to reintroducing some local lockdowns , but the measures were less severe than those adopted during the previous financial year . In any event , Logista has carried on operating the majority of its businesses virtually as normal , as it did in 2020 , as these were again considered essential business when restrictive measured were introduced . Any negative impact that COVID - 19 may have had on results this year has been offset by cost - cutting measures and by taking a number of strategic decisions which have ensured that positive trends in some sectors resulting from the pandemic have been converted into business growth . The positive impacts resulting from the pandemic include the rise in the e - commerce distribution business ( last mile ) , in pharmaceutical distribution and in providing services to manufacturers , and an improved performance in the volume of tobacco products distributed in France in certain months of the year due to restrictions on mobility , in particular cross - border mobility . Some of these were already evident during the previous financial year . ¹ See appendix " Alternative Performance Measures " Logista Investor Relations contact : investor.relations@logista.com , + 34 91 481 9826 1