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Elior Group SA (ELIOR.PA)

ELIOR.PA on Paris Stock Exchange

16.24EUR
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Wed, Dec 6 2017

Elior shares slump as results and outlook disappoint investors

PARIS, Dec 6 Shares in French catering group Elior slumped on Wednesday, as the company's results and financial outlook disappointed investors.

UPDATE 1-French caterer Elior eyes sales growth and stable core earnings margin

* Eyes possible acquisition targets (Adds detail, comments from CFO, background)

French caterer Elior targets further growth as sales and earnings rise

PARIS, Dec 6 Elior, Europe's third-largest catering group, predicted on Wednesday that organic sales growth would accelerate to at least 3 percent in the 2017/18 fiscal year from 2.3 percent achieved in the 2016/17 fiscal year ended Sept. 30.

UPDATE 1-Caterer Elior warns on profit, shares tumble 14 pct

* Says target of significant growth in adjusted EPS won't be met

Elior issues profit warning citing Irma impact, start-up costs

France's Elior downgraded on Friday its profit guidance for the current fiscal year, citing the impact of Hurricane Irma among the reasons for the change.

CORRECTED-Elior issues profit warning citing Irma impact, start-up costs

Nov 17 France's Elior downgraded on Friday its profit guidance for the current fiscal year, citing the impact of Hurricane Irma among the reasons for the change.

BRIEF-Elior Group revises its profitability guidance for FY 2016-2017

* ELIOR GROUP SA - ELIOR GROUP REVISES ITS PROFITABILITY GUIDANCE FOR FY 2016-2017

BRIEF-Elior Group chooses Easyvista for managing its IT services‍​

• NEW COMMERCIAL LICENSE OFFER RENEWABLE TO IMPACT ON REVENUES AS OF Q4 2017

BRIEF-Elior Group appoints Pedro Fontana as interim CEO​

* ‍PEDRO FONTANA HAS BEEN APPOINTED AS GROUP'S INTERIM CHIEF EXECUTIVE OFFICER WITH EFFECT FROM NOVEMBER 1, 2017.​

BRIEF-Elior's Arpege chosen by Les Echos-Le Parisien

* GROUPE LES ÉCHOS-LE PARISIEN HAS CHOSEN CO'S ARPÈGE UNIT TO PROVIDE THE CORPORATE CATERING SERVICES FOR ITS NEW HEADQUARTERS‍​ Source text: http://bit.ly/2w2A63j Further company coverage: (Gdynia Newsroom)

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