French caterer Elior's beats forecasts with 100 mln euro first-half core profit

Elior SA

16/05/2024 06:38

May 16 (Reuters) - French catering group Elior
 ELIOR.PA  reported higher-than-forecast first-half core profit
on Thursday, saying the impact of inflation was more than offset
by price rises and it was helped by operating efficiency gains.
    Elior, which supplies businesses, schools, prisons,
hospitals and care homes, said adjusted earnings before
interest, taxes and amortisation (EBITA) were 100 million euros
for the period from October 2023 to March 2024.
    This compared to 87 million euros ($94.69 million) in a
consensus of analyst forecasts compiled by the company and 41
million euros during the same period a year ago.
($1 = 0.9188 euros) 

 (Reporting by Diana Mandiá; Editing by Alexander Smith)
 ((diana.mandiaalvarez@thomsonreuters.com))