The Caterer

Sales up 5.6% at Elior

Sales up 5.6% at Elior

French-based foodservice firm Elior has reported a 5.6% year-on-year increase in revenue to €2.82b (£2.03b) for the first six months ended 31 March 2015.

Revenue for the same period in 2013-2014 was just under €2.67b (£1.92b), while EBITDA was up 4.3% to €204.4m (£146.8m) for the same period.

Elior acquired boutique UK caterer Lexington last October for an undisclosed sum, which the company said has had a €24.8m (£17.8m) positive effect on sales.

The contract catering and support services element of the business was up 5.7% (€113.2m/£81.3m)) year on year to €2.1b (£1.5m), representing 75% of total consolidated revenue.

Organic growth was 2.3% in this period, driven by a strong performance in the international markets, which grew 11.6% year-on-year to €979.4m (£703.6m). This was largely as a result of sustained organic growth in all regions (4.3% in total), but particularly the US, the UK and Spain.

Meanwhile Elior's concession catering and travel retail arm, which operates in France, Germany Belgium, Italy, Spain and the US, grew its revenue to €719.2m (£516.7m), up 5.5% year-on-year.

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Elior reports 5.3% revenue growth >>

Elior buys Lexington Catering >>

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