Elior : What to expect from the FY 2023 results publication on 22/11?
>Organic growth expected to be +10.5% in FY 2023e, EBIT margin of 1.0%e - Elior will publish its FY 2023 results (October 2022 to September 2023) on 22/11 before the start of trading. We expect revenues of € 5,144m (1% below the consensus forecast of € 5,197m), i.e. reported growth of 15.6%, which includes a contribution from Derichebourg Multiservices (DMS) over 5.5 months in FY 2023. Our estimate of organic growth at 10.5% in FY 2023 is in line with the guidance (at...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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