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Elior: adjusted EPS down 2.9% in 2016-17.

(CercleFinance.com) - Elior Group has published adjusted net income, group share of 176 million euros for FY 2016-17, meaning adjusted EPS of 1.
02 euro, down 2.9%, with restated Ebitda that is up 5.9% at 531 million euros, i.e. a margin of 8.3%.

The catering and services group's FY revenues came in at 6,422 million euros, up 8.9%, including organic growth of 2.3%. Excluding the impact of voluntary terminations of contracts, organic growth came in at 3.6%.

Elior Group expects another year of growth in 2017-18, with organic growth of at least 3%, a stable restated Ebitda margin at constant exchange rates and slight growth in adjusted EPS.

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