Elior: reports fall in FY 2017-18 results

(CercleFinance.com) - Catering and services group Elior has published 2017-18 adjusted net income, group share of 146 million euros, against 176 million euros in 2016-17, with a restated EBITA margin that is down 100 basis points at 4.
3%.

Turnover reached 6.694 billion euros, up 4.2% including 3% organic growth, 2.9% external growth and an FX impact of -1.7%. International sales represented 57%, of which 20% was in the United States.

Elior will propose a dividend of 0.34 euro per share, for adjusted EPS of 0.84 euro. For FY 2018-19 it expects organic growth of over 1% at constant accounting methods and a stable adjusted EBITDA margin in organic terms.



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