Elior Group SA (XPAR:ELIOR)
€ 4.182 -0.038 (-0.9%) Market Cap: 1.06 Bil Enterprise Value: 2.31 Bil PE Ratio: 0 PB Ratio: 1.28 GF Score: 71/100

Elior Group SA to Acquire Derichebourg Multiservices Call Transcript

Dec 20, 2022 / 02:00PM GMT
Release Date Price: €3.27 (+3.87%)
Operator

Hello, and welcome to the acquisition of the Derichebourg Multiservice. Elior accelerates its standalone call. My name is Laura, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to your host, Bernard Gault, Chairman and CEO of Elior Group; Esther Gaide, CFO; and Daniel Derichebourg, the Chairman and CEO of Derichebourg to begin today's conference. Thank you.

Bernard Gault
Elior Group SA - Group Chairman & CEO

Good afternoon, everyone, and thank you for attending our conference call. It's an important day for Elior Group. We are announcing the conclusion of our strategic review. You may remember in July, we started our strategic review, and we said we will be looking at every option for the future of the company.

In November, we confirm that we're turning the business around. Now in December, we're announcing the conclusion we're accelerating the recovery by acquiring the Derichebourg Multiservice in an all-stock transaction. By acquiring DMS, we are

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