Brief: Elior Q1 Revenue Up At EUR 1.23 Billion

Elior SA

26/01/2023 06:37

Jan 26 (Reuters) - Elior Group SA  ELIOR.PA :
    * FIRST-QUARTER 2022-2023 REVENUE ROBUST FIRST-QUARTER
ORGANIC
GROWTH, AS EXPECTED
    * Q1 REVENUE CAME TO €1.225 BILLION, AN 11.7% ORGANIC
INCREASE
COMPARED WITH Q1 2021-2022
    * OUTLOOK FOR FISCAL 2022-2023 CONFIRMED, ALONG WITH
AMBITIONS FOR
2024
    * RETENTION RATE AT DECEMBER 31, 2022, CAME TO 92.6%
EXCLUDING
VOLUNTARY CONTRACT EXIT
    * AS OF DECEMBER 31, 2022, 73% OF OUR CONTRACTS WERE
SUCCESSFULLY
RENEGOTIATED, REPRESENTING €234 MILLION IN PRICE INCREASES OVER
A ROLLING 12-MONTH PERIOD
    * PROJECT TO ACQUIRE DERICHEBOURG MULTISERVICES IS
PROCEEDING
ACCORDING TO THE INITIAL SCHEDULE

Source text: https://bit.ly/3H9medA
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