Elior Group: Good Commercial Dynamic in the First Quarter More Than Compensated the Social Movement Impact in France; Full-Year Outlook Confirmed
(WorldNews Health)

Elior Group: Good Commercial Dynamic in the First Quarter More Than Compensated the Social Movement Impact in France; Full-Year Outlook Confirmed 22 Jan 2020 07:00 CET Company Name ELIOR GROUP ISN FR0011950732 Market Euronext Symbol ELIOR Revenue in line with expectations: EUR1,308 million for the first three months, declined -0.7% year-on-year Organic growth was -1.8%. Without the social movement impact in France, of around EUR9 million in December, organic growth would have been -1.1%. Retention rate was 92% versus 91% a year ago Confirm full-year 2019-2020 Outlook, in line with our mid-term growth trajectory Organic growth of 2% At least a 10 basis-point improvement in adjusted EBITA margin...