Elior : Feedback from the road show (virtual) in the US: confident tone on both the balance sheet and opportunities in the long term
>Confident tone on the balance sheet - Elior reviewed its financial situation which it deems solid, providing the wherewithal to face the current context before gradual debt repayment as activity picks up. Management noted that there are no tests to covenants before September 2021 (covenants at 4.0x). Cash management was satisfactory in April and remains a priority for the group, which will continue to adapt its cost base in order to protect its cash position, particu...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.
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