Report
Delphine Chauvin

Elis : Deleveraging to speed up this year

Elis is an issuer firmly positioned at the upper end of the BB category, with a resilient business model and conservative financial management. We have a Stable Credit Opinion, as we do not anticipate further upgrades by rating agencies in the near term. - - >Support factors - - One of Europe’s biggest providers of rental and laundry services for textiles and work clothing, with leading positions in its core markets: number one in France (33% of sales), the UK & Irelan...
Underlying
Elis SA

Elis is a multi-service group in the rental, laundry and maintenance of textile, hygiene and well-being items in Europe and Latin America. Co. serves hundreds of thousands of customers of all sizes, belonging to various professional customer segments: hospitality, healthcare, industry, trade and services. Co. also has a manufacturing business carried out by two entities, Le Jacquard FranASSais and Kennedy Hygiene Products which together form one of the company's operating segments.

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
Delphine Chauvin

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch