Slide 1: Elior Financial Performance June 30, 2014 (Nine Months)
ELIOR FINANCIAL PERFORMANCE JUNE 30, 2014 (NINE MONTHS) Analyst & Investor Presentation September 10, 2014
Slide 2: Disclaimer
Disclaimer This document was prepared by Elior for the sole purpose of this presentation. This presentation includes only summary information and does not purport to be comprehensive. The information contained in this document has not been independently verified. No representation or warranty, expre
Slide 3: Financial performance YTD June 30, 2014 (9 months)
Financial performance YTD June 30, 2014 (9 months) Group revenue: €4,040.7 million vs €3,771.9 million +€268.8m Strong +7.1% growth yoy Organic growth +3.6% Acquisitions +4.3% Number of days impact -0.3% Forex impact -0.4% In line with Elior strategy, Group revenue growth evenly driven b
Slide 4: Financial performance YTD June 30, 2014 (cont..) - EBIT
Financial performance YTD June 30, 2014 (9 months) (cont..) Group EBIT: €213.4 million vs €198.3 million +€15.1m EBIT growth yoy +7.6% EBIT margin stable at 5.3% Strong and profitable development in the US Progress in Spain Resilience in France and Italy Strictly private and confidential G
Slide 5: Financial performance YTD June 30, 2014 (cont..) - Operating cash flow
Financial performance YTD June 30, 2014 (9 months) (cont..) Operating cash flow: +€102.0 million vs +€48.0 million in 9 months 2012-2013 thanks to: EBITDA change +€14.0 m Change in working capital improvement €(36.8)m vs. €(99.9)m Strictly private and confidential Strong cash flow generation 5
Slide 6: Contract Catering & Support Services - Revenue
Contract Catering & Support Services - Revenue (€ in m) 9 months 9 months Organic Number Perimeter Forex Change 2013-2014 2012-2013 Growth of days impact impact B&I 1,313.5 1,241.9 +3.9% -0.3% +2.2% - 5.8% Education 884.3 814.0 +2.4% -1.0% +7.4% -0.1% 8.6% Healthcare 754.2 651.2 +2.1% - +14% -0.2% 1
Slide 7: Contract Catering & Support Services - EBIT
Contract Catering & Support Services - EBIT (€ in m) Revenue EBIT EBIT EBIT Margin 9 months 9 months 9 months 9 months change 9 months 9 months 2013-2014 2012-2013 2013-2014 2012-2013 2013-2014 2012-2013 France 1,652.0 1,632.1 121.6 131.7 - 10.1 7.4% 8.1% International 1,300.0 1,075.0 78.3 62.8 15.5
Slide 8: Concession Catering & Travel Retail - Revenue
Concession Catering & Travel Retail - Revenue (€ in m) 9 months 9 months Organic Perimeter Forex Change 2013-2014 2012-2013 Growth impact impact Motorways 380.4 362.1 +5.7% - -0.6% 5.1% Airports 433.6 408.7 +10% -2.0% -1.9% 6.1% City Sites & Leisures 274.7 294.0 -2.4% -3.0% -1.1% -6.6% Total 1,088.7
Slide 9: Concession Catering & Travel Retail - EBIT
Concession Catering & Travel Retail - EBIT (€ in m) Revenue EBIT EBIT EBIT Margin 9 months 9 months 9 months 9 months change 9 months 9 months 2013-2014 2012-2013 2013-2014 2012-2013 2013-2014 2012-2013 France, Germany & Italy, Belgium 658,2 647,9 14,8 19,5 -4,7 2,2% 3,0% Areas 430,6 416,8 1,0 -9,7
Slide 10: Group Statement of Income
Group Statement of Income (€ in m) 9 months 9 months Change 2013-2014 2012-2013 EBITDA 313.4 299.2 +4.7% EBIT 213.4 198.3 +7.6% Interest (111.6) (96.4) Non current (53.2) (36.5) Tax (29.1) (27.1) Net Income (Group share) 21.4 44.9 -52% Strictly private and confidential 2013-2014 non current Items
Slide 11: Cash Flow Statement
Cash Flow Statement (€ in m) 9 months 9 months Change 2013-2014 2012-2013 EBITDA 313.4 299.2 +4.7% Working Capital Change (36.8) (99.9) Others (Interest, …) (174.6) (151.3) Operating Cash Flow 102.0 48.0 +112.5% Net Financial Debt 1,458.8 2,181.4 Leverage Ratio 3.3 x 5.23 x Strictly private and conf
Slide 12: Wrap-up
Wrap-up Group revenue growth and EBIT growth in line with IPO Guidance Good balance between: Contract and Concession Catering France, Rest of Europe, Rest of the World Strong business development in all geographies Stable EBIT margin as at June 30, 2014 vs June 30, 2013 (9 months) Soli