Elis reports “strong operational and financial performance”

13 March 2019

INTERNATIONAL

Elis, the international multi-service provider, offering textile, hygiene and facility services solutions across 28 countries in Europe and Latin America, has announced a “strong operational and financial performance” for full-year 2018.

Group revenue rose to a record €3,133.3million, reflecting the dynamism of Elis’ historic scope and the successful integration of Berendsen.

Elis pursued its targeted acquisition strategy with seven bolt-on acquisitions signed in 2018 and three to date in 2019.

Xavier Martiré, CEO of Elis, said: “In 2018 Elis' revenue reached a record at more than €3.1bn, driven by the acquisition of Berendsen, that is being integrated in a very satisfying way. The pro forma organic growth of +2.4% all along the year was supported by a better than expected 4th quarter, progressing by nearly +3% on an organic basis.”



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