France's Elis Q1 revenue rises, confirms 2026 guidance

Elis SA

04/05/2026 16:49

Overview

France circular services provider's Q1 revenue rose 4.3% yr/yr, with 3.1% organic growth

Company says growth driven by new contract signings and pricing adjustments offsetting labor cost inflation

2026 guidance confirmed; company expects slight margin improvement and higher free cash flow

Outlook

Elis confirms 2026 guidance, maintaining all financial objectives communicated in March

Company expects organic revenue growth slightly below 2025 levels

Adjusted EBITDA and EBIT margins expected to increase slightly in 2026

Result Drivers

NEW CONTRACTS - Sharp increase in new contract signings across all segments and geographies supported Q1 growth

LATIN AMERICA PERFORMANCE - Organic growth close to 10% in Latin America, driven by roll-out of significant contracts in Mexico and Brazil

PRICING ADJUSTMENTS - Implementation of pricing adjustments offset labor cost inflation, notably in Germany and Latin America

Company press release: ID:nGNE2yQH65

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Meet
EUR 1.18 bln
EUR 1.18 bln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "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 €30.00, about 14.2% above its April 30 closing price of €26.26

The stock recently traded at 13 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.)