Elior Group Reports Strong Earnings Growth and Debt Reduction

Elior Group saw a significant increase in earnings and reduced debt in the first half of the fiscal year 2024-2025. Revenue reached €3,213 million, a 2.9% growth from the previous year, driven by a 2.3% rise in their contract catering segment. Operating profitability improved, with adjusted EBITA at €132 million, compared to €100 million last year, and the margin increased by 90 basis points to 4.1%.

Net profit surged to €43 million, a significant increase from €1 million in the previous period. The Group successfully reduced its debt by €146 million, resulting in a leverage ratio decrease to 3.3x. Elior's strategic focus on profitability and efficiency appears to have yielded positive outcomes, despite sector challenges.

Looking forward, Elior anticipates continued growth and profitability, maintaining its revised guidance for organic revenue growth at 1-2% and raising the adjusted EBITA margin forecast to 3.3-3.6%. The Group remains committed to deleveraging and cash-flow generation as part of its financial strategy.