Elior: 9m sales up 20% organically

(CercleFinance.com) - Elior Group has posted sales of 3.
42 billion euros for the first nine months of 2021-22, with organic growth reaching 20.3% (+22.9% as reported), driven by a strong sales momentum of +10.1%.

At 1.18 billion euros, Q3 sales were up 25% organically, which the group said reflects a marked improvement in the health environment compared to conditions at the same time last year.

The catering and services group maintains its guidance for FY 2021-22, including organic sales growth of at least 16%, an adjusted EBITA that is around breakeven (excluding losses at Preferred Meals).


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