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France's ID Logistics tracks for best day in nine years after Q3 update



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** France's ID Logistics IDLA.PA jumps around 10%, set for biggest one-day jump in nearly nine years, on strong Q3 revenue growth

** Revenue rose 19.6% year-on-year to 827.3 mln euros ($892 mln) and group says on track to post record growth in 2024

** Midcap Partners ("buy") notes the "very strong growth" and says ID is "unstoppable"; deems the continuing U.S. growth "insolent"

** Portzamparc ("buy") says update is "way beyond" their expectations, showing a very favorable dynamic; raises its PT by 4% to 450 euros

** Says ID is benefiting from growing activities with Amazon, Lactalis and Pepsi in the U.S., relationship expansion with Inditex in the UK and Poland, development in Italy

($1 = 0.9276 euros)



Reporting by Olivier Cherfan

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