Elis - H1 2020 results
(WorldNews Denmark)

Elis - H1 2020 results 29 Jul 2020 17:40 CEST Company Name ELIS ISN FR0012435121 Market Euronext Symbol ELIS Elis - H1 2020 results Very good H1 2020 results despite the crisis EBITDA margin improvement and strongly positive free cash-flow Confirmation of the Group`s great resilience H1 revenue impacted by the crisis; EBITDA margin up and positive free cash flow1 H1 revenue down -15.7% (-14.7% on an organic basis) Marked activity slowdown in Hospitality, less so in other end-markets EBITDA margin up +20bps at 32.5% of sales Adjusted net income down -51.2% at €49.7mn Free cash flow of €56.1mn (after lease payments), up +€75mn yoy Implementation of drastic operational measures to respond to...