A good start to the year, full-year outlook confirmed
Elior Group (Euronext Paris – ISIN: FR 0011950732), one of the world’s leading operators in the catering and support services industry, today released its consolidated revenue figures for the first quarter of fiscal year 2016-2017, corresponding to the three months ended December 31, 2016.
Commenting on these figures, Philippe Salle, Elior Group’s Chairman and Chief Executive Officer, said: “Our performance in the first quarter of 2016-2017 was in line with our forecasts. Excluding the effect of voluntary contract exits, organic growth for the three months ended December 31, 2016 came in at 2.9%, reflecting further strong sales momentum, particularly in the United States and United Kingdom. At the same time, the implementation of our acquisition program contributed to the acceleration in our overall revenue growth. And thanks to the effective rollout of projects under our Tsubaki transformation plan, we are standing by our financial objectives for the full fiscal year.”