Elior Group (Euronext Paris – ISIN: FR 0011950732), one of the world’s leading operators in catering and support services, announces its revenues for the first nine months of fiscal 2021-2022, ended June 30, 2022.
Bernard Gault, Chairman and CEO of Elior Group, commented:
“Elior Group confirms good business growth in the third quarter this year, driven by a more favorable health context as well as strong business development and a higher retention rate.
That said, our operating conditions continue to be affected by persistent, very high inflation. I would therefore like to thank our teams for their enduring commitment and efficiency in rolling out the four pillars of our operating margin recovery plan. They are: (1) to systematically renegotiate all our price grids worldwide, (2) to work with our clients to create new, more sustainable product and service offerings, (3) to systematically review our contract portfolio, and (4) to exercise even tighter control of operating costs. We have also kicked off the strategic review we announced on July 4.”