Elior: 3.7 revenue growth over nine months
(CercleFinance.com) - For the first nine months of the 2017-18 financial year, Elior has posted turnover of 5,054 million euros, up 3.
7%, of which 3.0% organic growth, as well as external growth effects and exchange differences of 3% and -2.3% respectively.
“Revenue in France [was] weighed down by national strikes. [...] However, we did manage to adapt our French operations in order to limit the overall effects of these strikes. In concession catering, the start of the summer season is also in line with our expectations”, confirms Philippe Guillemot, CEO.
For the entire financial year 2017-18, Elior confirms its organic growth targets of close to 3%, an adjusted EBITA margin of between 4.3% and 4.6% and capex within the E 300 million envelope.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
7%, of which 3.0% organic growth, as well as external growth effects and exchange differences of 3% and -2.3% respectively.
“Revenue in France [was] weighed down by national strikes. [...] However, we did manage to adapt our French operations in order to limit the overall effects of these strikes. In concession catering, the start of the summer season is also in line with our expectations”, confirms Philippe Guillemot, CEO.
For the entire financial year 2017-18, Elior confirms its organic growth targets of close to 3%, an adjusted EBITA margin of between 4.3% and 4.6% and capex within the E 300 million envelope.
Copyright (c) 2018 CercleFinance.com. All rights reserved.