Elis Announces Half-Year Results

Elis, an international multiservice provider, offering textile, hygiene and facility services solutions in Europe and Latin America, recently announced its results for the six months that ended June 30, 2019, according to a news release. “The 2019 half-year results are very satisfactory,” said Xavier Martiré, CEO of Elis, In a context of high-cost inflation, Elis demonstrated its ability to increase prices while sustaining strong commercial activity, resulting in organic growth of +3.0% in H1. Margin is down -20 basis points; this slight decrease, attributable to the time lag between the cost increase observed since January ...