Elior: revises annual outlook
(CercleFinance.com) - Elior Group has revised its outlook for its fiscal year 2017-18, with organic growth close to 3%, a restated Ebitda margin of between 7.
5% and 7.8%, with EPS down relative to 2016-17.
For the record, the catering group previously expected organic growth of at least 3%, a stable restated Ebitda margin at constant consolidation scope and exchange rates, and a slight increase in earnings per share.
Estimates for financial performance in H1 2017-18, which are below expectations, show total growth of 3.9%, including organic growth of 2.9%, and restated Ebitda of 231 million euros, i.e. 6.9% of sales.
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5% and 7.8%, with EPS down relative to 2016-17.
For the record, the catering group previously expected organic growth of at least 3%, a stable restated Ebitda margin at constant consolidation scope and exchange rates, and a slight increase in earnings per share.
Estimates for financial performance in H1 2017-18, which are below expectations, show total growth of 3.9%, including organic growth of 2.9%, and restated Ebitda of 231 million euros, i.e. 6.9% of sales.
Copyright (c) 2018 CercleFinance.com. All rights reserved.