ENXTPA:ELISCommercial Services
Elis (ENXTPA:ELIS) Stock Drifts Lower As Cash Strain Clouds Steady Margins
Elis came into these half year numbers with a stock that has been grinding lower, down almost 9% over the past month and about 6% over three months, despite trading on a modest 14x trailing P/E. The headline from H1 2026 is steadiness rather than shock. Revenue reached €2,457.1m with organic growth of 3.2%, adjusted EBIT margin held at 15.1% and diluted headline EPS printed at €0.89. For a highly capital intensive textile, hygiene and facility services group, the lack of margin slippage is...