Report
Johanna Jourdain ...
  • Matthias Desmarais

Elior : What to expect from the H1 2019 publication? (29 May before market open)

>Did H1 mark a low point? - Elior Group is due to publish its H1 2019 (October/March) on 29 May. We have focused on the contract catering division which now represents the activity followed by the group and on which we forecast H1 sales of € 2.6bn (+2.4% on a reported basis). Our estimates for organic growth of +0.1% in H1 suggest that Q2 will be more or less stable (-0.1%), impacted by the acceleration in the withdrawal from non-profitable contracts in the public sec...
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
Johanna Jourdain

Matthias Desmarais

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