Elior Group Sa · EURONEXT:ELIOR

Elior Group Sa — H1 2016-2017 Earnings Presentation

31 slides from Elior Group Sa's earnings presentation, May 30, 2017

  1. Slide 1: Elior Group H1 2016-2017 Results

    H1 2016-2017 results ELIOR GROUP H1 2016-2017 RESULTS Philippe Salle - Chairman and CEO Olivier Dubois - CFO May 30, 2017

  2. Slide 2: Disclaimer

    DISCLAIMER This document was prepared by Elior Group 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,

  3. Slide 3: Agenda

    AGENDA 1 2 3 H1 2016-2017 H1 2016-2017 CONTRACT CATERING & ACHIEVEMENTS FINANCIAL PERFORMANCE SERVICES 4 5 6 CONCESSION CATERING OUTLOOK CONCLUSION AND Q&A 05/30/2017 3 Elior Group

  4. Slide 4: H1 2016-2017 Achievements

    1 H1 2016-2017 ACHIEVEMENTS PHILIPPE SALLE Group Chairman and CEO 05/30/2017 Elior Group

  5. Slide 5: H1 2016-2017 Highlights

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A H1 2016-2017 HIGHLIGHTS • Organic growth revenue: +4.2% before impact of voluntary contract exits • Adjusted EBITDA margin up 50 bps yoy to 7.9% • Adjus

  6. Slide 6: Tsubaki Roadmap: 8 Projects

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A TSUBAKI ROADMAP: 8 PROJECTS GROWTH FOCUS 1 2 SALES MARKETING EFFECTIVENESS & (BtoB) PRICING 8 (BtoC) 3 OPERATIONAL DIGITAL EXCELLENCE EXPERIENCE QUALITY

  7. Slide 7: Further Successful Deployment of Tsubaki Projects

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FURTHER SUCCESSFUL DEPLOYMENT OF TSUBAKI PROJECTS TSUBAKI 3 TSUBAKI 4 TSUBAKI 5 DIGITAL EXPERIENCE PURCHASING PORTFOLIO REVIEW First Life4 Start-up Inte

  8. Slide 8: H1 2016-2017 Financial Performance

    2 H1 2016-2017 FINANCIAL PERFORMANCE OLIVIER DUBOIS Group CFO 05/30/2017 8 Elior Group

  9. Slide 9: H1 Revenue Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A H1 REVENUE ANALYSIS organic GROUP REVENUE (€m) growth excl. impact of voluntary voluntary H1 2015- contract contract perimeter H1 2016- 2016 exits exits

  10. Slide 10: Q2 Revenue Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A Q2 REVENUE ANALYSIS organic REVENUES (€m) growth excl. impact of voluntary voluntary Q2 2015- contract contract perimeter Q2 2016- 2016 exits exits effe

  11. Slide 11: EBITDA Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A EBITDA ANALYSIS GROUP ADJUSTED GROUP ADJUSTED EBITDA (€m) EBITDA MARGIN +50 bps 255 216 +17.9% + Productivity/ 43 operational 37 + Actions on leverage p

  12. Slide 12: Profit & Loss Account Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A PROFIT & LOSS ACCOUNT ANALYSIS H1 H1 €m YoY CHANGE 2016-2017 2015-2016 Adjusted EBITDA 255 216 +17.9% Adjusted EBITDA margin 7.9% 7.4% +50bps Including

  13. Slide 13: Free Cash Flow Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FREE CASH FLOW ANALYSIS H1 H1 €m YOY CHANGE 2016-2017 2015-2016 Impact of growth (notably from Adjusted EBITDA 255 216 +17.9% acquisitions) and mix evol

  14. Slide 14: Non Recurring Items

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A NON RECURRING ITEMS P&L IMPACT CASH IMPACT • Restructuring and contract exits costs • c. €(9)m • c. €(17)m • M&A costs • c. €(2)m • c. €(2)m • Other • c

  15. Slide 15: Net Debt Analysis

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A NET DEBT ANALYSIS net debt as at net acquisitions net debt as at 09/30/2016 FCF financial costs & investments other 03/31/2017 (€m) (1,706) (1,862) Leve

  16. Slide 16: For Modelling Purposes

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A 2017 INDICATIONS FOR MODELLING PURPOSES ESTIMATED FY ESTIMATED FY P&L IMPACT CASH IMPACT • Restructuring and portfolio • c. €(25)m • c. €(25)-(35) m rev

  17. Slide 17: Contract Catering & Services

    3 CONTRACT CATERING & SERVICES PHILIPPE SALLE Group Chairman and CEO 05/27/2016 17 Elior Group

  18. Slide 18: H1 2016-2017 Highlights

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A H1 2016-2017 HIGHLIGHTS ACQUISITIONS to date COMMERCIAL ACTIVITY OPERATIONS & CONCEPTS • North America: Corporate • 93.5% retention rate (vs • U Cafeter

  19. Slide 19: Financial Performance (1/2)

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FINANCIAL PERFORMANCE (1/2) Organic growth: 3.6% before voluntary contract exits:  Impact of voluntary contract exits: (1.6)% in H1, notably in France

  20. Slide 20: Financial Performance (2/2)

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FINANCIAL PERFORMANCE (2/2) H1 H1 REPORTED ORGANIC €m 2016-2017 2015-2016 GROWTH GROWTH Revenues 2,433 2,195 +10.9% +2.0% o/w France 1,149 1,131 +1.6% +

  21. Slide 21: Concession Catering

    4 CONCESSION CATERING PHILIPPE SALLE Group Chairman and CEO 05/30/2017 21 Elior Group

  22. Slide 22: H1 2016-2017 Highlights

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A H1 2016-2017 HIGHLIGHTS GEOGRAPHIC EXPANSION OPERATIONS CONTRACTS • First time investment in • Connected tables in • Renewal of 4 concessions and Colomb

  23. Slide 23: Financial Performance (1/2)

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FINANCIAL PERFORMANCE (1/2) Organic growth: 5.7% excluding contract exits:  Impact of voluntary contract exits: (1.4)% in H1, notably in France and in

  24. Slide 24: Financial Performance

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A FINANCIAL PERFORMANCE H1 H1 REPORTED ORGANIC €m 2016-2017 2015-2016 GROWTH GROWTH Revenues 780 726 +7.5% +4.3% o/w France 306 287 +6.7% (2.1)% o/w Inter

  25. Slide 25: Outlook

    5 OUTLOOK PHILIPPE SALLE OLIVIER DUBOIS Group Chairman and CEO Group CFO 05/30/2017 25 Elior Group

  26. Slide 26: Governance

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A GOVERNANCE • Following the negative vote on the consultation relative to the Chairman and CEO’s say on pay at the March 10, 2017 AGM, • The Nominations

  27. Slide 27: Supporting H2 2017 Outlook

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A SUPPORTING H2 2017 OUTLOOK • Contract catering • Further organic and external growth opportunities in NA • Acceleration of growth in the UK • Dilutive i

  28. Slide 28: 2017 Ambitions

    1. H1 2016-2017 ACHIEVEMENTS 2. GROUP FINANCIAL PERFORMANCE 3. CONTRACT CATERING & SERVICES 4. CONCESSION CATERING 5. OUTLOOK 6. CONCLUSION AND Q&A 2017 AMBITIONS ADJUSTED EBITDA ADJUSTED EBITDA AND REVENUES MARGIN RATE ADJUSTED EPS Organic growth of at least Up 20 to 30 bps vs. Significant growth 3

  29. Slide 29: Conclusion and Q&A

    6 CONCLUSION and Q&A PHILIPPE SALLE OLIVIER DUBOIS Group Chairman and CEO Group CFO 05/30/2017 29 Elior Group

  30. Slide 30: Definition of Alternative Performance Indicators

    DEFINITION OF ALTERNATIVE PERFORMANCE INDICATORS Organic growth in consolidated revenue: Growth in consolidated revenue expressed as a percentage and adjusted for the impact of (i) changes in exchange rates, using the calculation method described in Chapter 4, Section 4.1.4.1 of the FY 2015-2016 Reg

  31. Slide 31: eliorGroup

    © eliorGroup Ville candidate Jeux Olympiques de 2024 Partenaire Officiel

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