Elis: +8.6% revenue growth in 2021


(CercleFinance.com) – 2021 revenue grew by +8.6% to 3,048 ME, including +7.4% organic.

Revenue generated in Health, Industry and Retail & Services represents nearly 85% of total revenue for 2021.

‘Our activities in Health, Industry and Commerce & Services were driven by a good commercial momentum in Workwear and by the increased need of our customers for hygiene products and services’ indicates the group.

The 2021 EBITDA margin should be 34.5%. The 2021 free cash flow (after payment of rents) should be in the upper part of the range previously communicated (between 200 ME and 230 ME).

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