Elis: organic growth of +11.8% in 2023


(CercleFinance.com) – 2023 turnover reached €4,309.4 million driven by organic growth of +11.8%.

In France, 2023 turnover shows growth of +10.7% (entirely organic). In Central Europe, turnover increased by +16.5% (+15.1% organically).

The group records a 2023 adjusted EBITDA margin at c. 34.2%, an increase of c. +120bp, i.e. c. 215 ME more than in 2022.

2023 adjusted EBIT, 2023 current net income and 2023 current net income per share are also expected to be above the targets communicated in October thanks to the strong growth in EBITDA.

‘We started 2024 with confidence: visibility is good, both from the point of view of turnover (prices, activity forecasts) and the cost base (salary negotiations, purchasing contracts). 2024 should therefore be a new year of profitable growth for Elis,” declared Xavier Martiré, Chairman of the Management Board of Elis.

Copyright © 2024 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends using the buttons below.


Twitter


Facebook


Linkedin


E-mail





Source link -85