Elior : What to expect from the H1 2024 publication? (16 May before trading)
>Organic growth and H1 margin expected above the FY 2024 guidance (favourable H1 seasonality), which should underpin the group’s targets - Elior will publish its H1 2024 results (October 2023 to March 2024) on 16 May before the start of trading. We forecast revenues of € 3,100m (company consensus € 3,109m), with total growth of 25% of which 6.5% organic (consensus 5.7%). This should be driven mainly by the catering division (+6.6%e organic vs +5.2% for multiservices),...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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