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United Kingdom

Elior Group SA (ELIOR.PA)

ELIOR.PA on Paris Stock Exchange

12.04EUR
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Tue, Dec 4 2018

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Catering group Elior's shares slump on weak sales outlook

PARIS Elior , Europe's third-largest catering group, warned of slower organic sales growth for the current financial year in a cautious outlook that caused its shares to slump.

Catering group Elior's shares slump on weak sales outlook

PARIS Elior , Europe's third-largest catering group, warned of slower organic sales growth for the current financial year in a cautious outlook that caused its shares to slump.

UPDATE 1-Catering group Elior's shares slump on weak sales outlook

* Eyes 2018/19 organic growth of over 1 pct vs 3 pct in FY 17/18

Catering group Elior eyes slower sales growth in 2018/19

PARIS, Dec 4 Elior, Europe's third-largest catering group, predicted that organic sales growth would slow in the current 2018-2019 fiscal year from 3 percent in 2017-2018, partly due to its exit from non-profitable contracts in Italy.

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