Elior: Q1 revenue up 10%

(CercleFinance.com) - Elior Group has announced revenues from continuing operations of just over 1.
22 billion euros for Q1 2022-23, up 9.8%, with organic growth of 11.7%, still benefiting from a Covid catch-up effect.

On a comparable basis, the food and services group's revenues rose 10.2%, compared with a 16.2% increase a year ago, reflecting price increases of 3.8%.

Assuming a stable health situation, Elior maintains its expectations for FY 2022-23, including organic revenue growth of at least 8% and an adjusted EBITA margin of between 1.5% and 2%.


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