Global Spin Cycle
Elis Reports Robust 2020 Results Despite the Pandemic
Elis’ flexibility and geographical diversification across Europe and Latin America, coupled with its broad portfolio of activities, enabled the group based in St.-Cloud, France, to deliver a solid 2020 financial performance despite reduced sales related to the COVID-19 pandemic. Elis showed revenue at 2.8 billion euros ($3.3 billion), a net income of 138.7 million euros ($162.95 million) and a record cash flow of 216.8 million euros ($254.71 million). Commenting on the results, Elis CEO Xavier Martiré, emphasized the company’s strength and resiliency, noting that, “In 2020, Elis demonstrated the robustness of ...
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