Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Elior : FY 2018 (4 December): preliminary 2018 figures issued - 2019 guidance could be cautious

>Preliminary 2018 figures at lower end of EBITA guidance range - When announcing that it was considering a potential disposal of the concession catering division, Elior Group also provided preliminary figures for 2018. These are in line with the group's guidance issued after the profit warning in H1, even though the margin estimate is at the lower end of the range. Accordingly, the group indicated organic growth of 3.0% (vs our estimate of 2.8% before this update), an...
Underlying
Elior Group SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

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