Elior: confirms H1 estimates
(CercleFinance.com) - Elior has reported H1 2017-18 results that are in line with its preliminary estimates, with net income, group share that is down 36.
2% at 37 million euros and restated Ebitda that fell 9.6% to 231 million euros.
The catering services group's revenues reached 3.339 billion euros, up 3.9%, with organic growth of 2.9%, external growth of 3.5%, with FX factors knocking off 2.5%.
For FY 2017-18, Elior has confirmed its targets which it updated on 16 May, including organic growth of close to 3%, a restated Ebitda margin of between 7.5% and 7.8% and a fall in adjusted net income per share.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
2% at 37 million euros and restated Ebitda that fell 9.6% to 231 million euros.
The catering services group's revenues reached 3.339 billion euros, up 3.9%, with organic growth of 2.9%, external growth of 3.5%, with FX factors knocking off 2.5%.
For FY 2017-18, Elior has confirmed its targets which it updated on 16 May, including organic growth of close to 3%, a restated Ebitda margin of between 7.5% and 7.8% and a fall in adjusted net income per share.
Copyright (c) 2018 CercleFinance.com. All rights reserved.