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Elior will not return to its pre-crisis level before 2024

2021-11-24T18:36:01.059Z

Still in the red, the collective catering group wants to depend less on company canteens. Five years to recover from the Covid-19 crisis. The collective catering group Elior will not return to its 2019 activity levels before 2024. Hard hit by the pandemic, which has forced it to close for months some of its restaurants (in companies, hospitals, schools, administrations …), The company will recover from this shock at the cost of an in-depth transformation. The 2020-2021 financial year (



Five years to recover from the Covid-19 crisis. The collective catering group Elior will not return to its 2019 activity levels before 2024. Hard hit by the pandemic, which has forced it to close for months some of its restaurants (in companies, hospitals, schools, administrations …), The company will recover from this shock at the cost of an in-depth transformation. The 2020-2021 financial year (ended at the end of September) ended with a net loss of 100 million euros and a 7% decline in turnover, to 3.7 billion euros.

“There is not a month that has not been affected by the Covid,

deplores Philippe Guillemot, CEO of Elior.

We did pretty well, reducing the operational loss.

The crisis has forced us to push the fire to reinvent our businesses.

We are stronger to take advantage of the recovery. ”

Read also

The giants of collective catering challenged to reinvent their model

The activity has continued to be sustained in hospitals and factories.

It also resumed in schools.

Elsewhere,

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Source: lefigaro

All business articles on 2021-11-24

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