Report
Johanna Jourdain ...
  • Matthias Desmarais

Elior : Segment mix looks the most defensive in climate of slow recovery in sector

>Gradual recovery in activity, low point in Q3 - Though it did not give guidance for 2019-20, Elior expects a very gradual and variable recovery depending on the country and segment: 1/ in the business segment (46% of sales): the low point is likely to come in April and May (i.e. Elior’s Q3), ahead of a very gradual recovery from June to September. Note that the industry / manufacturing sector accounts for 40% of the business segment, with a potentially swifter recove...
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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