Report
Johanna Jourdain ...
  • Matthias Desmarais

Elior : Plenty of uncertainty on the menu for the next CEO…

>Disappointing guidance for 2022 … which raises several issues - Having shelved all its guidance at end-January, Elior now sees organic growth of at least 16% for the current year (initial target in November of at least 18%), driven by an easing of health restrictions (+39.6% for the business segment in H1 though the trend is still clearly below pre-Covid levels, which does not compare favourably with its peers), good commercial momentum (contract wins up 9.9% in H1) ...
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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