Report
Delphine Chauvin

Elis : Elis wants to join the Investment Grade club

We are upgrading our Credit Opinion from Stable to Positive to reflect the scenario of a rating upgrade from S&P (and possibly from Moody's) within a year. Elis has made achieving an Investment Grade rating a priority since last summer and believes that it should be able to achieve this quickly given the results envisaged for this year even in a less buoyant economic environment. Historically, Elis has demonstrated good resilience throughout the cycle, including in a recession pe...
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

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