May 2, 2018 / 4:22 PM / 7 months ago

BRIEF-Elis Q1 Revenue Up At 760.9 Million Euros

May 2 (Reuters) - ELIS SA:

* IN 2018, SEES ORGANIC GROWTH BETWEEN +2.5% AND +3%

* IN 2018, SEES STABLE EBITDA MARGIN IN FRANCE, IMPROVEMENT IN ALL OTHER GEOGRAPHIES

* Q1 REVENUE EUR 760.9 MILLION VERSUS EUR 400.6 MILLION YEAR AGO

* IN 2018, SEES GROUP EBITDA MARGIN AT 31.5%

* STRONG ORGANIC GROWTH IN LATIN AMERICA (+18.8%) IN Q1 DRIVEN BY VERY POSITIVE COMMERCIAL ACTIVITY IN BRAZIL

* ENCOURAGING FIRST QUARTER IN FRANCE (+1.4% ON AN ORGANIC BASIS)

* POSITIVE GROWTH MOMENTUM IN SOUTHERN EUROPE (+4.0% ON AN ORGANIC BASIS) IN Q1 DESPITE HIGH COMPS

* STRONG CONTRIBUTION OF ACQUISITIONS: +89.2% IN Q1

* WE WILL CONTINUE OUR TARGETED ACQUISITIONS STRATEGY IN OUR EXISTING GEOGRAPHIES - CEO

* OUR SOLID CASH-GENERATION PATTERN WILL CONTRIBUTE TO REDUCE OUR LEVERAGE IN 201- CEO Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Nuestros Estándares:Los principios Thomson Reuters
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