Elis SA (FRA:7EL)
€ 21.88 0.46 (2.15%) Market Cap: 5.20 Bil Enterprise Value: 8.98 Bil PE Ratio: 21.57 PB Ratio: 1.45 GF Score: 79/100

Q3 2020 Elis SA Corporate Sales Call Transcript

Oct 22, 2020 / 04:00PM GMT
Release Date Price: €11.01 (+3.77%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Elis Q3 2020 Revenue Presentation.

(Operator Instructions)

I must advise you the conference is being recorded today. I would now like to hand the conference over to your speaker today, Xavier Martiré, CEO. Please go ahead, sir.

Xavier MartirÃ;Elis SA;Chairman of the Management Board;CEO

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Good afternoon, everyone. Welcome to our Q3 revenue conference call, which is also webcasted. After an overview of the Q3 business highlights, Louis Guyot, CFO, will join me for the Q&A session. So let me start with the highlights of our Q3 revenue performance. After the minus 26.7% organic decrease in Q2, we recorded minus 10.6% in Q3 marking a significant sequential improvement. Our Healthcare, Industry and Trade & Services businesses which combined represented 75% of 2019 revenue has come back to normal level of activities. The remaining 25% corresponding to hospitality, remain under pressure in Q3 due to the very sharp drop in

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