First-quarter revenue in line with forecasts. Full-year guidance 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 2018-2019, corresponding to the three months ended December 31, 2018.
Commenting on the Group's performance, Philippe Guillemot, Elior Group’s Chief Executive Officer, said: “We had a good first quarter, with our revenue performance in line with forecasts. The 1.8% organic growth figure reflects a combination of robust sales momentum and our stricter approach to selecting and managing contracts. Our teams are fully committed to executing the Elior Group 2021 plan, and mobilized, in the first instance, to stabilize our performance during the fiscal year. Despite the troubled climate in France I am confident in our ability to meet the full-year targets we have set ourselves.”