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Elior Group SA (ELIOR.PA)

ELIOR.PA on Paris Stock Exchange

10.91EUR
24 May 2019
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€-0.38 (-3.37%)
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Latest Key Developments (Source: Significant Developments)

Elior CEO says debt reduction is group priority
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Elior Group SA CEO Philippe Guillemot tells a conference call::CEO SAYS GROUP AIMS TO BE A MAJOR PLAYER IN CONSOLIDATION OF CONTRACT CATERING MARKET, WNTS TO STRENGTHEN POSITIONS In EUROPE , ACCELERATE EXPANSION IN U.S., INDIA .CEO SAYS STRATEGY PLAN PRESENTED IN JUNE LAST YEAR REMAINS VALID, WILL NOT COMMENT ON CURRENT TRADING PERFORMANCE.CEO SAYS PRIORITY REMAINS TO DELEVERAGE THE GROUP.SAYS PAI OFFER FOR AREAS VALUES UNIT AT 14.7 TIMES 2018 EBITA, WHICH IS "IN LINE WITH INDUSTRY AVERAGE".  Full Article

Elior Group Names Jean-Yves Fontaine CEO Of Elior France
Tuesday, 2 Apr 2019 

April 2 (Reuters) - ELIOR GROUP SA ::JEAN-YVES FONTAINE NAMED CEO OF ELIOR FRANCE.  Full Article

Elior Group Announces Departure Of Elior North America President And Chief Executive Officer
Friday, 1 Mar 2019 

Elior Group SA ::ELIOR GROUP ANNOUNCES DEPARTURE OF ELIOR NORTH AMERICA PRESIDENT AND CHIEF EXECUTIVE OFFICER.ELIOR GROUP SA -POPLIN WILL CONTINUE TO LEAD ORGANIZATION THROUGH APRIL 2019, WILL REMAIN SHAREHOLDER OF ELIOR NORTH AMERICA.ELIOR GROUP SA - RUNNING A PROCESS, INTERNALLY AND EXTERNALLY, TO IDENTIFY, PLACE NEW CEO FOR ELIOR NORTH AMERICA SHORTLY.  Full Article

Elior: Areas Becomes Sole Caterer For Girona-Costa Brava Airport
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - ELIOR GROUP SA ::ELIOR GROUP: AREAS BECOMES SOLE CATERER FOR GIRONA-COSTA BRAVA AIRPORT.  Full Article

Elior Group Q1 Consolidated Revenue Increases To 1.75 Billion Euros
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - ELIOR GROUP SA ::FIRST-QUARTER REVENUE IN LINE WITH FORECASTS.GROUP IS STANDING BY ITS FULL-YEAR GUIDANCE FOR FISCAL 2018-2019.DESPITE THE TROUBLED CLIMATE IN FRANCE I AM CONFIDENT IN OUR ABILITY TO MEET THE FULLYEAR TARGETS WE HAVE SET OURSELVES - CEO.CONSOLIDATED REVENUE TOTALED €1,754 MILLION FOR THE FIRST QUARTER OF FISCAL 2018-2019.SEES FOR FISCAL 2018-2019 A SHARP INCREASE IN OPERATING FREE CASH FLOW.OUR TEAMS ARE FULLY COMMITTED TO EXECUTING THE ELIOR GROUP 2021 PLAN - CEO.Q1 CONCESSION CATERING REVENUE GENERATED IN FRANCE TOTALED €155 MILLION, SLIGHTLY WEIGHED DOWN BY PROTESTS SEEN IN COUNTRY TOWARDS END OF PERIOD.  Full Article

France's Lagardere says it will not bid for Elior's Areas unit
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Lagardere ::* Will not bid for Elior's Areas division.* Lagardere had said earlier this week that it was looking at the business but had not yet taken a decision. nL8N1YO5MA.  Full Article

Elior Group's Arpege And Culinary Incubator United Kitchens Forged Partnership
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - ELIOR GROUP SA ::ELIOR FRANCE PREMIUM B&I CATERING BRAND ARPEGE AND CULINARY INCUBATOR UNITED KITCHENS HAVE FORGED PARTNERSHIP.ARPEGE WILL PROVIDE FINANCIAL SUPPORT.  Full Article

Elior Group Contemplates Separation Options For Its Concession Business
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - ELIOR GROUP SA ::STRATEGY: ELIOR GROUP CONTEMPLATING SEPARATION OPTIONS FOR ITS CONCESSION BUSINESS IN ORDER TO ACCELERATE GROWTH.CONFIRMS THAT PRELIMINARY RESULTS FOR ITS 2017-2018 FINANCIAL YEAR ARE IN LINE WITH GROUP'S FULL-YEAR TARGETS.EMPHASIZES THAT THIS REVIEW OF STRATEGIC OPTIONS MAY OR MAY NOT RESULT IN A TRANSACTION AND THAT GROUP REMAINS FULLY FOCUSED ON EXECUTING ELIOR GROUP 2021 PLAN.CARRYING OUT A REVIEW OF STRATEGIC OPTIONS RELATING TO ITS CONCESSION CATERING ACTIVITIES, WHICH ARE GROUPED WITHIN ITS AREAS SUBSIDIARY.GROUP DOES NOT INTEND TO REPORT ON PROGRESS OF THIS REVIEW OF STRATEGIC OPTIONS.  Full Article

Elior eyes significant contract catering growth from Britain, India, U.S.
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Elior CEO Philippe Guillemot tells the Investor Day::EXPECTS SIGNIFICANT ORGANIC SALES GROWTH FROM BRITAIN, INDIA, U.S. IN CONTRACT CATERING - CEO.  Full Article

Elior Group Sees Organic Growth Above 3% for 2019-2021
Tuesday, 26 Jun 2018 

June 26 (Reuters) - ELIOR GROUP SA ::INVESTOR DAY 2018: OPENING A NEW CHAPTER FOR ELIOR GROUP.ELIOR GROUP'S FINANCIAL AMBITIONS OVER 2019-2021 ARE THREEFOLD: * ORGANIC GROWTH ABOVE 3% PER ANNUM ON AVERAGE;.SEES ADJUSTED EBITA* GROWTH DOUBLE THAT OF ORGANIC GROWTH;.FIRST YEAR WILL BRING STABILIZATION IN EBITA MARGIN AND CAPEX.SECOND AND THIRD YEARS, OPERATING LEVERAGE AND CAPEX REDUCTION WILL GRADUALLY PRODUCE THEIR EFFECT ON EBITA MARGINS, OPERATING FREE CASH FLOW GENERATION AND CASH CONVERSION..ELIOR GROUP'S FINANCIAL AMBITIONS OVER 2019-2021 ARE THREEFOLD: * ORGANIC GROWTH ABOVE 3% PER ANNUM ON AVERAGE; * ADJUSTED EBITA* GROWTH DOUBLE THAT OF ORGANIC GROWTH;.SEES CUMULATIVE OPERATING FREE CASH FLOW OF EUR 750M FOR 2019-2021.SEES ADJUSTED EBITA* GROWTH DOUBLE THAT OF ORGANIC GROWTH.ELIOR GROUP WILL NOW COMMUNICATE ON ADJUSTED EBITA.FINANCIAL AMBITIONS OVER 2019-2021 ARE THREEFOLD: CUMULATIVE OPERATING FREE CASH FLOW OF EUR 750M.PATH TOWARDS THESE AMBITIONS WILL NOT BE LINEAR: * FIRST YEAR WILL BRING STABILIZATION IN EBITA MARGIN AND CAPEX;.ROADMAP WE WILL PRESENT TODAY IS BOTH AMBITIOUS AND DELIVERABLE.FOR 2021 CO EXPECTS ORGANIC GROWTH ABOVE 3% PER ANNUM ON AVERAGE AND EXTERNAL GROWTH FUELED BY BOLT-ON ACQUISITIONS IN USA.FOR 2021 CO EXPECTS ADJUSTED EBITA GROWTH DOUBLE THAT OF ORGANIC.ALSO REITERATES ITS GUIDANCE FOR FULL-YEAR 2017-2018.  Full Article

Deals of the day-Mergers and acquisitions

April 24 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: