Good commercial dynamic in the first quarter more than compensated the social movement impact in France. 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 three months of fiscal 2019-2020, ended December 31, 2019.
Commenting on these figures, Philippe Guillemot, Elior Group’s Chief Executive Officer, said: "Elior Group's first-quarter performance was solid and more than compensated for the social movement impact in France. We are on course in our recovery and confirm our full-year objectives. Our New Elior 2024 strategic plan is aimed at generating sustainable and profitable growth while developing our business selectively. This plan is bearing fruit today, as illustrated by the major contract won in Italy with Trenitalia and the strong commercial momentum we have seen in France, Spain and the United States. This dynamic clearly demonstrates our expertise and our ability to capture new attractive markets, both in Contract Catering and Services. At the same time, we are pursuing our strong focus on innovation to create even more added value for our clients and guests. We strive to offer them healthy, environmentally-friendly solutions on a daily basis while continuing to ensure the dining experiences we provide are times to savor. Elior Group's teams are fully mobilized in implementing our strategic plan and are giving their all to achieving our short- and mid-term objectives.”