Elior: sets targets for 2021
(CercleFinance.com) - At its 2018 Investor Day, the catering and services group Elior's management team will present, the Elior group 2021 plan, which sets out its ambitions for the next three years.
For the period 2019-2021, it targets average organic growth of over 3% p.a., adjusted EBITA growth that is double that of its organic growth, and cumulative operational free cash flow (FCF) of 750 million euros.
After a stabilisation of its EBITA margin and capex in the first year, the group's operating lever and reduction in investments will gradually produce their effects on its EBITA margin, operational FCF generation and cash conversion.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
For the period 2019-2021, it targets average organic growth of over 3% p.a., adjusted EBITA growth that is double that of its organic growth, and cumulative operational free cash flow (FCF) of 750 million euros.
After a stabilisation of its EBITA margin and capex in the first year, the group's operating lever and reduction in investments will gradually produce their effects on its EBITA margin, operational FCF generation and cash conversion.
Copyright (c) 2018 CercleFinance.com. All rights reserved.