Business
Elior Delivers Resilient Organic Growth and Profitability in the First Half of Fiscal 2025-2026, Despite Timing Effects Related to the Start-Up of New Contracts
PARIS LA DÉFENSE, May 20, 2026--Regulatory News: Today, Elior Group (Euronext Paris: ELIOR – ISIN: FR 0011950732), a world leader in catering and multiservices, is releasing its unaudited results for the first half of the 2025-2026 fiscal year (six months ended March 31, 2026).
About this update from Elior Group Sa
[{"type":"list","items":[{"val":[{"type":"text","content":"Organic growth of 1.3%, adjusted EBITA margin of 3% and net profit of €21 million","length":81,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Provision for losses at completion of €25 million relating to the contract with an Italian rail operator, in the context of a pricing dispute","length":141,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Excluding this exceptional item, a net result of €46 million showing a slight improvement compared to H1 2024-2025 and an adjusted EBITA margin of 3.9% versus 4.1% last year","length":173,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Positive free cash flow of €9 million in the first half, reflecting the seasonality of the business and the implementation of the investment policy, compared with an unusual operating working capital variation last year linked to the deployment of our new securitization program","length":278,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Full-year guidance adjusted to include the timing effects related to the start-up of new contracts and the impact of inflationary pressures:","length":140,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Organic growth between 1% and 2% (vs. 3% and 4% previously),","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITA margin of approximately 3%, excluding the exceptional item recorded in the first half (vs. between 3.5% and 3.7%),","length":129,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The leverage ratio of around 3.5x (vs. around 3x)","length":49,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":238,"olType":false}]},{"val":[{"type":"text","content":"A solid commercial momentum across several markets illustrated by recent contract wins as of end-March, and the continued implementation of the investment policies","length":163,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Group remains fully confident in its medium-term profitable growth, supported by strong fundamentals, including a stable core shareholder base, a high level of liquidity (> €500 million as of end-March 2026), and management continuity ensuring alignment between operational execution and strategy","length":303,"tagName"...