Overview
France-based circular services firm's 2025 revenue rose 5.5% at constant FX, hitting record high
Adjusted EBITDA and net income increased, with all key metrics at record levels
Company announced up to 500 mln euro share buyback program for 2026
Outlook
Elis expects 2026 organic revenue growth slightly below 2025 levels
Company expects adjusted EBITDA and EBIT margins to increase slightly in 2026
On Middle East situation, co says no significant impact on activity at this stage
Result Drivers
COMMERCIAL MOMENTUM - Co said strong commercial momentum, supported by outsourcing trends and service roll-out across geographies, drove revenue growth
PRICING ACTIONS - Elis said favorable pricing dynamics, with adjustments to offset cost-base inflation, contributed to results
PRODUCTIVITY GAINS - Further productivity gains from industrial and logistics process optimization and better energy procurement terms supported margins
Company press release: ID:nGNE471Bry
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EPS
EUR 1.85
FY Adjusted Net Income
EUR 467.30 mln
FY Net Income
EUR 366.60 mln
FY Adjusted EBITDA
EUR 1.70 bln
FY Adjusted EBIT
EUR 766.60 mln
FY Free Cash Flow
EUR 358.60 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Elis SA is €28.10, about 12.1% above its March 10 closing price of €25.06
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)