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ELIS Elis SA News Story

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Elis jumps after reassuring full-year results

** Shares in France's Elis ELIS.PA rise 1.8% after the workplace supplies provider reported on Thursday full-year revenues broadly in line with analyst expectations, reassuring investors about potential weakness in some segments

** Elis was able to mitigate a slowdown due to client caution and rising insolvencies thanks to the diversification of its end-markets, brokerage TP ICAP Midcap says

** The company reported on Thursday full-year revenues of 4.8 billion euros ($5.73 billion), in line with IBES expectations

** It said it expects its core earnings (EBITDA) margin to be around 35.4% for the year

** "This publication is fully consistent with our forecasts," TP ICAP Midcap says, reiterating its "buy" rating

($1 = 0.8377 euros)

 (Reporting by Alessandro Parodi)

 ((Alessandro.Parodi@thomsonreuters.com;))

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