- Home
- Equities - Stocks - Shares
- Company Press Releases
- Elior Renegotiated Its Leverage Ratio Level As of September 30, 2023
Elior Renegotiated Its Leverage Ratio Level as of September 30, 2023
19 Dec 2022 07:00 CET
Issuer
ELIOR GROUP
Regulatory News:
Elior Group (Paris:ELIOR) announces that it has obtained from its banks a relaxation of its leverage ratio (net debt/EBITDA) as of September 30, 2023: the covenant test is relaxed to 6x from 4.5x.
About Elior Group
Founded in 1991, Elior Group has grown into one of the world's leading operators in contract catering and support services and has become a benchmark player in the business & industry, education, health & welfare and leisure markets. With strong positions in 5 key countries, the Group generated €4.45 billion in revenue in fiscal 2020-2021. Our 97,000 employees feed over 3 million people on a daily basis in 20,250 restaurants on three continents and offer services at 2,400 sites in France.
Innovation and social responsibility are at the core of our business model. Elior Group has been a member of the United Nations Global Compact since 2004, reaching the GC Advanced Level in 2015.
For further information please visit our website http://www.eliorgroup.com or follow us on Twitter at: @Elior_Group
View source version on businesswire.com: https://www.businesswire.com/news/home/20221218005042/en/
Press contact
Antonia Krpina – antonia.krpina@eliorgroup.com / +33 (0)6 21 47 88 69
Investor Relations
Kimberly Stewart – kimberly.stewart@eliorgroup.com / +33 (0)1 71 06 70 13
Source
ELIOR GROUP
Provider
BusinessWire
Company Name
ELIOR GROUP
ISIN
FR0011950732
Symbol
ELIOR
Market
Euronext