Elis: Q3 sales up 9%
(CercleFinance.com) - Elis has reported sales growth of 9% to E1.
12bn for Q3 2023, with organic growth of 9.5%, in line with its annual target and reflecting its ability to raise prices to offset cost inflation.
Sales momentum remains good, with a number of new contracts signed in Q3, particularly in the professional clothing secto, the industrial laundry group said.
Elis confirms all its targets for FY 2023, anticipating a further improvement in its main financial indicators in 2024 (notably EBITDA margin, free cash flow and gearing).
Copyright (c) 2023 CercleFinance.com. All rights reserved.
12bn for Q3 2023, with organic growth of 9.5%, in line with its annual target and reflecting its ability to raise prices to offset cost inflation.
Sales momentum remains good, with a number of new contracts signed in Q3, particularly in the professional clothing secto, the industrial laundry group said.
Elis confirms all its targets for FY 2023, anticipating a further improvement in its main financial indicators in 2024 (notably EBITDA margin, free cash flow and gearing).
Copyright (c) 2023 CercleFinance.com. All rights reserved.