Brief: Elior Group Sees Adjusted Ebita Margin Of Around 1% In 2022-2023

Elior SA

25/07/2023 06:39

July 25 (Reuters) - Elior Group SA  ELIOR.PA :
    * ELIOR GROUP: SOLID THIRD-QUARTER ORGANIC GROWTH; REVISION
OF THE
ADJUSTED EBITA MARGIN OUTLOOK
    * ELIOR GROUP SA - REVISION OF THE OUTLOOK FOR FULL-YEAR
2022-2023
    * ELIOR GROUP SA - ORGANIC REVENUE GROWTH OF AT LEAST 10% IN
2022-2023
    * ELIOR GROUP SA - SEES ADJUSTED EBITA MARGIN OF AROUND 1%
IN
2022-2023
    * ELIOR GROUP SA - SEES CAPITAL EXPENDITURE AT AROUND 1.7%
OF
REVENUE IN 2022-2023
    * ELIOR GROUP SA - ORGANIC GROWTH SHOULD REMAIN SOLID IN Q4.
    * ELIOR GROUP SA - CUMULATED PRICE RENEGOTIATIONS REACHED
303
MILLION EUROS AT END-JUNE 2023
    * ELIOR GROUP SA - TO DATE, IN FRANCE, COMBINED INITIATIVES
REPRESENT RECURRING COST REDUCTIONS TOTALING 24 MILLION EUROS
PER ANNUM, STARTING NEXT FISCAL YEAR

Source text for Eikon:  ID:nBw6VHPTxa 
Further company coverage:  ELIOR.PA 

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