Elior offers food and catering services. Credit: Toulouse Convention Bureau, Agence d’Attractivit.

Global foodservice operator Elior Group has reported revenues of €5.05bn for nine months ending 30 June 2018, a 3.7% increase.

Revenue from contract catering and services was €3.789bn, a 4.4% growth year-on-year compared to €3.63bn for the same period last year, accounting for 75% of its total consolidated revenue.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The foodservice operator also reported €1.265bn revenues for concession catering, a 1.8% increase compared to revenues of €1.242bn from the last year.

Elior Group chief executive officer Philippe Guillemot said: “Our third-quarter performance is in line with our forecasts and gives us confidence in our ability to achieve the objectives we have set ourselves for the full fiscal year.

“In concession catering, the start of the summer season is also in line with our expectations.”

“The 3% organic growth for the nine months ended 30 June 2018 was driven by our international operations, in view of revenue in France being weighed down by national strikes.

“However, we did manage to adapt our French operations in order to limit the overall effects of these strikes. In concession catering, the start of the summer season is also in line with our expectations.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Concession catering revenue of the company’s international segment increased by 4.3% to €800m in the first nine months.

Elior Group also acquired Bateman Community Living in July this year to grow its presence in the US senior nutrition market.

This month, the company launched an offer to purchase non-controlling interests in Elior North America to raise its stake from 74% to 92%.

Guillemot added: “Our recent acquisition of Bateman Community Living in the United States and the measures taken to strengthen our partnership with the founder of our North American subsidiary mark the first strategic steps towards achieving the objectives in our plan.”