Following the ordinary Q1 revenue report and despite the maintained guidance for the next two FYs, Elior shares have been marked down due to inflation-related concerns raised by the company’s overdue contract renegotiations. Our current estimates remain however consistent with the updated outlook. We expect no major changes to our numbers until there is more visibility.
26 Jan 2023
Contract renegotiations are running late
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Contract renegotiations are running late
- Published:
26 Jan 2023 -
Author:
Yi Zhong -
Pages:
3
Following the ordinary Q1 revenue report and despite the maintained guidance for the next two FYs, Elior shares have been marked down due to inflation-related concerns raised by the company’s overdue contract renegotiations. Our current estimates remain however consistent with the updated outlook. We expect no major changes to our numbers until there is more visibility.