Elior : Disappointing H1 publication but medium-term guidance offers more visibility on potential operational leverage
>H1 results and new guidance for 2019 disappointing - Elior has posted disappointing H1 2019 results, in terms of both growth and margins notably impacted by the termination of contracts in Italy, as well as contract losses in the US and the UK, whilst the context in the country becomes tougher, as previously indicated by Compass. For 2019, Elior anticipates a -1.0% decline in organic growth (including a -1.0% impact from the termination of contracts in Italy) and an ...Elior is a contracted food and support services group based in France. Co. provides personalized catering and service solutions to 3.7 million customers in the business & industry, education, healthcare, leisure and travel markets through 17,500 restaurants and points of sale in 13 countries. Co. offer solutions in two core segments, Contract Catering & Support Services (provides foodservice solutions to Business & Industry, Education and Healthcare as well as support services for facilities management and cleaning services) and Concession Catering & Travel Retail (food service solutions for motorways, airports, railway stations and leisure).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.