Announcement • May 23
Elis Sa Approves Dividend for the Financial Year 2025, Payable on May 28, 2026 Elis SA at the next Annual General Meeting of shareholders on May 21, 2026, approved the distribution of a sum of €0.48 per share. The ex-dividend date is May 26, 2026 and the distribution will be paid on May 28, 2026. Declared Dividend • May 20
Dividend increased to €0.48 Dividend of €0.48 is 6.7% higher than last year. Ex-date: 26th May 2026 Payment date: 28th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • May 20
Upcoming dividend of €0.48 per share Eligible shareholders must have bought the stock before 26 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.1%). Announcement • May 05
Elis SA to Report First Half, 2026 Results on Jul 29, 2026 Elis SA announced that they will report first half, 2026 results on Jul 29, 2026 Announcement • Feb 20
Elis Announces Resignation of Amy Flikerski from Supervisory Board, Effective February 18, 2026 Elis announced that Amy Flikerski, a member of the Supervisory Board of Elis since June 2020, originally proposed by CPP Investments, has informed Elis that she was resigning from her duties of the Supervisory Board of Elis, effective February 18, 2026. In this role, she also served on the Corporate Social Responsibility Committee. Announcement • Dec 24
Elis SA (ENXTPA:ELIS) acquired Adrett-Textil-Service-GmbH. Elis SA (ENXTPA:ELIS) acquired Adrett-Textil-Service-GmbH on December 23, 2025. The revenue from this acquisition, estimated at approximately €12 million in 2025, will be consolidated into Elis’ revenue from January 1, 2026.
Elis SA (ENXTPA:ELIS) completed the acquisition of Adrett-Textil-Service-GmbH on December 23, 2025. Announcement • Dec 04
Elis SA (ENXTPA:ELIS) acquired Societe J.P. Muller - Entretien Textiles. Elis SA (ENXTPA:ELIS) acquired Societe J.P. Muller - Entretien Textiles on December 3, 2025. J.P. Muller - Entretien Textiles will be consolidated in the financial statements from December 1, 2025.
For the period ending December 31, 2024, Societe J.P. Muller - Entretien Textiles reported total revenue of €7 million.
Elis SA (ENXTPA:ELIS) completed the acquisition of Societe J.P. Muller - Entretien Textiles on December 3, 2025. Announcement • Nov 06
Elis SA (ENXTPA:ELIS) acquired Lavanderia Hospitalar Acqua Flash Ltda. Elis SA (ENXTPA:ELIS) acquired Lavanderia Hospitalar Acqua Flash Ltda on November 5, 2025. As part of the acquisition, Elis SA acquired 100% stake in Lavanderia Hospitalar Acqua Flash Ltda. The acquisition is fully in line with Elis’ growth strategy in Latin America and strengthens its position in Brazil. The transaction enhances the Group’s territorial coverage and its ability to support healthcare customers across the country. The integration of Acquaflash will be effective in the Elis SA's consolidated accounts as of November 1, 2025.
For the period ending December 31, 2024, Lavanderia Hospitalar Acqua Flash Ltda reported total revenue of €6 million and employs around 380 people.
Elis SA (ENXTPA:ELIS) completed the acquisition of Lavanderia Hospitalar Acqua Flash Ltda on November 5, 2025. Announcement • Nov 01
Elis SA Confirms Earnings Guidance for the Year 2025 Elis SA confirmed earnings guidance for the year 2025. For the year, the company expects Full-year organic revenue growth expected slightly below +4%, after a negative calendar effect of around -0.3%, headline net income per share (fully diluted) expected slightly higher than in 2024. Announcement • Oct 31
Elis SA to Report Fiscal Year 2025 Results on Mar 11, 2026 Elis SA announced that they will report fiscal year 2025 results Pre-Market on Mar 11, 2026 Announcement • Aug 08
Elis SA (ENXTPA:ELIS) signed an agreement to acquire O.c.l. Laundry Services Limited. Elis SA (ENXTPA:ELIS) signed an agreement to acquire O.c.l. Laundry Services Limited on August 7, 2025.
For the period ending December 31, 2024, O.c.l. Laundry Services Limited reported total revenue of €17 million.
The transaction is subject to approval by regulatory board / committee. Announcement • Jun 03
Elis SA (ENXTPA:ELIS) acquired Bugaderia Neutral Sl. Elis SA (ENXTPA:ELIS) acquired Bugaderia Neutral Sl on June 3, 2025. In 2024, Bugadería Neutral delivered €12 million revenue.
Elis SA (ENXTPA:ELIS) completed the acquisition of Bugaderia Neutral Sl on June 3, 2025. Announcement • May 05
Elis SA to Report First Half, 2025 Results on Jul 30, 2025 Elis SA announced that they will report first half, 2025 results on Jul 30, 2025 Announcement • Apr 15
Elis SA, Annual General Meeting, May 22, 2025 Elis SA, Annual General Meeting, May 22, 2025. Location: la maison des travaux publics, 3 rue de berri, paris France Announcement • Dec 20
Elis SA (ENXTPA:ELIS) acquired Wascherei Ernst GmbH. Elis SA (ENXTPA:ELIS) acquired Wascherei Ernst GmbH on December 19, 2024. Ernst currently employs 120 people its management team will remain in place and will continue to grow the business. This new acquisition strengthens the Elis network in Germany, notably in Hospitality, a particularly dynamic market in the country. The acquisition will be consolidated in the Financial Statements from January 1, 2025. For the period ending December 31, 2023 Wascherei Ernst GmbH reported total revenue of €17 million.
Elis SA (ENXTPA:ELIS) completed the acquisition of Wascherei Ernst GmbH on December 19, 2024. Announcement • Oct 30
Elis SA to Report Fiscal Year 2024 Results on Mar 06, 2025 Elis SA announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025 Announcement • Oct 04
Elis Reportedly to Make Rebuffed Takeover Offer for UniFirst Elis SA (ENXTPA:ELIS), the Paris-listed provider of uniform and linen cleaning services, made an informal takeover proposal to US peer UniFirst Corporation (NYSE:UNF), according to people familiar with the matter, the second move by the French company to pursue an American acquisition. Massachusetts-based UniFirst reached out to Elis to gauge its appetite for a deal after Elis’s takeover approach to rival Vestis Corporation (NYSE:VSTS) became public last month, said the people, who asked not to be identified because discussions are private. The French company made a non-binding proposal for UniFirst, whose board rejected it in recent days, and the companies aren’t currently in talks, the people said. It remains to be seen whether the interest in UniFirst, which is valued at $3.7 billion, will be revised, they said. Shares of Elis fell as much as 0.6% in October 4, 2024 morning trading. They were down 0.5% at 9:22 a.m. in Paris, giving the company a market capitalization of €4.4 billion ($4.8 billion). Representatives for Elis, UniFirst and Vestis declined to comment. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €18.18, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.53 per share. Reported Earnings • Jul 26
First half 2024 earnings released: EPS: €0.51 (vs €0.60 in 1H 2023) First half 2024 results: EPS: €0.51 (down from €0.60 in 1H 2023). Revenue: €2.25b (up 6.9% from 1H 2023). Net income: €119.1m (down 14% from 1H 2023). Profit margin: 5.3% (down from 6.6% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Elis SA (ENXTPA:ELIS) acquired Wonway Manufacturing Sdn. Bhd. Elis SA (ENXTPA:ELIS) acquired Wonway Manufacturing Sdn. Bhd. on July 1, 2024. In 2023, Wonway Manufacturing Sdn. Bhd. reported total revenue of MYR 29 million.Elis SA (ENXTPA:ELIS) completed the acquisition of Wonway Manufacturing Sdn. Bhd. on July 1, 2024. Announcement • May 24
Elis Approves the Distribution, Payable on May 29, 2024 The Combined General Shareholders’ Meeting of Elis held on May 23, 2024, approved the distribution of a sum of €0.43 per share. The amount will be detached on May 27, 2024 and paid on May 29, 2024. Upcoming Dividend • May 20
Upcoming dividend of €0.43 per share Eligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.8%). New Risk • May 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Announcement • May 08
Elis SA to Report First Half, 2024 Results on Jul 24, 2024 Elis SA announced that they will report first half, 2024 results on Jul 24, 2024 Declared Dividend • Apr 18
Dividend increased to €0.43 Dividend of €0.43 is 4.9% higher than last year. Ex-date: 27th May 2024 Payment date: 29th May 2024 Dividend yield will be 2.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.6% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: €1.13 (vs €0.89 in FY 2022) Full year 2023 results: EPS: €1.13 (up from €0.89 in FY 2022). Revenue: €4.31b (up 13% from FY 2022). Net income: €262.5m (up 28% from FY 2022). Profit margin: 6.1% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Feb 27
Elis SA (ENXTPA:ELIS) completed the acquisition of Moderna Holding B.V. Elis SA (ENXTPA:ELIS) signed an agreement to acquire Moderna Holding B.V. on January 10, 2024. The transaction is subject to regulatory reviews and is expected to close before the end of Q1 2024. Elis SA (ENXTPA:ELIS) completed the acquisition of Moderna Holding B.V. on February 26, 2024. In year 2023 Moderna Holding had a revenue close to €50 million. The acquisition will be consolidated from 1 March 2024. Announcement • Jan 10
Elis SA (ENXTPA:ELIS) signed an agreement to acquire Moderna Holding B.V. Elis SA (ENXTPA:ELIS) signed an agreement to acquire Moderna Holding B.V. on January 10, 2024. The transaction is subject to regulatory reviews and is expected to close before the end of Q1 2024. Announcement • Dec 19
Elis SA, Annual General Meeting, May 23, 2024 Elis SA, Annual General Meeting, May 23, 2024. Announcement • Nov 03
Elis SA (ENXTPA:ELIS) acquired Compañia De Tratamientos Levante Sociedad Limitada Elis SA (ENXTPA:ELIS) acquired Compañia De Tratamientos Levante Sociedad Limitada on November 1, 2023. Compañia De Tratamientos Levante generated revenue of €4 million in 2022.Elis SA (ENXTPA:ELIS) completed the acquisition of Compañia De Tratamientos Levante Sociedad Limitada on November 1, 2023. Announcement • Oct 28
Elis Sa Provides Earnings Guidance for the Year 2023 Elis SA provided earnings guidance for the year 2023. For the period, the company expects organic revenue growth expected at +12%. headline net income expected above €410 million. headline net income per share expected above €1.65 on a fully diluted basis (up at least +13% yoy). Announcement • Oct 27
Elis SA Appoints Alexis Martineau as Board Observer of the Supervisory Board Elis SA announced that the Elis Supervisory Board held on October 26, 2023, appointed Mr. Alexis Martineau as board observer (censeur) of the Supervisory Board for a period of 4 years. Mr. Alexis Martineau has been the European representative of BWGI since January 2019. He was previouslyManaging Director at the private equity firm CVC in the Paris office (2011-2015) and in São Paulo (2016-2019).He began his career in the private equity firm, the Carlyle Group (2000-2011), which he joined after obtaining adiploma from HEC. Buying Opportunity • Oct 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €19.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 31% in the next 2 years. Announcement • Oct 12
Crédit Agricole Assurances S.A. completed the acquisition of a 6.2% stake in Elis SA from Crédit Agricole Assurances S.A. Crédit Agricole Assurances S.A. signed an agreement to acquire a 6.2% stake in Elis SA from Crédit Agricole Assurances S.A. on October 9, 2023. The transaction is expected to be closed on October 11, 2023.Crédit Agricole Assurances S.A. completed the acquisition of a 6.2% stake in Elis SA from Crédit Agricole Assurances S.A. on October 11, 2023. Following this transaction, Crédit Agricole Assurances no longer directly holds Elis shares and its representative to the Elis Supervisory Board has resigned from her position. New Risk • Aug 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Jul 28
First half 2023 earnings released: EPS: €0.60 (vs €0.23 in 1H 2022) First half 2023 results: EPS: €0.60 (up from €0.23 in 1H 2022). Revenue: €2.10b (up 18% from 1H 2022). Net income: €138.8m (up 158% from 1H 2022). Profit margin: 6.6% (up from 3.0% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Jul 27
Elis SA Provides Earnings Guidance for the Year 2023 Elis SA provided earnings guidance for the year 2023. For the year, the company expects full-year organic revenue growth expected at +12% . Headline net income expected above €410 million. Headline net income per share expected above €1.65 on a fully diluted basis (up at least +13% yoy). New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Announcement • Jun 14
Elis SA (ENXTPA:ELIS) acquired Gruppo Indaco S.R.L. Elis SA (ENXTPA:ELIS) acquired Gruppo Indaco S.R.L. on June 14, 2023. This acquisition will be consolidated from June 1, 2023.Elis SA (ENXTPA:ELIS) completed the acquisiton of Gruppo Indaco S.R.L. on June 14, 2023. Upcoming Dividend • May 23
Upcoming dividend of €0.41 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: €0.89 (vs €0.51 in FY 2021) Full year 2022 results: EPS: €0.89 (up from €0.51 in FY 2021). Revenue: €3.82b (up 25% from FY 2021). Net income: €204.6m (up 79% from FY 2021). Profit margin: 5.4% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Dec 11
Elis SA to Report Fiscal Year 2022 Results on Mar 08, 2023 Elis SA announced that they will report fiscal year 2022 results at 7:00 AM, Central European Standard Time on Mar 08, 2023 Announcement • Oct 28
Elis SA Updates Earnings Guidance for the Full Year 2022 Elis SA updated earnings guidance for the full year 2022. For the year, the company organic revenue growth now expected above +20% (previously expected between +18% and +20%) and headline net income per share still expected above €1.45 million. EBIT will be above €530 million. Announcement • Sep 01
Joy Verlé Steps Down from Elis’S Supervisory Board Elis SA announced that Joy Verlé, a member of the Supervisory Board of Elis since March 2018, originally proposed by CPP Investments, has informed Elis that she was resigning from her duties as Vice-Chairperson of the Supervisory Board and member of the Appointments, Compensation and Governance Committee. This resignation is effective as from August 30, 2022. This resignation follows her resignation at CPP Investments. Thierry Morin, Chairman of the Supervisory Board took note of this resignation and thanks Mrs. Joy Verlé for her important contribution to the workings of the Supervisory Board and the Appointments, Compensation and Governance Committee. Reported Earnings • Jul 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €17.0m from profit in 1H 2021). Profit margin: (down from 1.2% in 1H 2021). Over the next year, revenue is forecast to grow 9.7%, compared to a 10% growth forecast for the industry in Germany. Announcement • Jul 28
Elis SA Provides Revenue Guidance for the Full Year of 2022 Elis SA provided revenue guidance for the full year of 2022. Full-year 2022 organic revenue growth now expected between +18% and +20% (previously expected between +13% and +15%), driven by the pick-up in hotel activity, pricing adjustments and Elis’ improved growth profile. Announcement • May 20
Elis Sa Announces Dividend Distribution for the Financial Year 2021, Payable on June 16, 2022 Elis SA announced the distribution of a sum of €0.37 per share. The amount will be detached on May 25, 2022 and paid on June 16, 2022 with an option to pay the dividend in shares to be exercised during the period from May 27 to June 10, 2022. Upcoming Dividend • May 18
Upcoming dividend of €0.37 per share Eligible shareholders must have bought the stock before 25 May 2022. Payment date: 16 June 2022. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.4%). Announcement • May 12
Elis SA Provides Group Earnings Guidance for the Fiscal Year 2022 Elis SA provided group earnings guidance for the fiscal year 2022. For the year 2022, the company’s organic revenue growth expected between +13% and +15%, driven by Elis’ improved growth profile, the rebound in Hospitality and pricing dynamics. 2022 EBIT should be at c. €500 million, with a limited increase in D&A. Buying Opportunity • May 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €17.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 27%. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings is also forecast to grow by 26% per annum over the same time period. Buying Opportunity • Apr 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €16.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 27%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 27% per annum over the same time period. Announcement • Mar 10
Elis Provides Earnings Guidance for the Fiscal Year 2022 Elis SA provided earnings guidance for the fiscal year 2022. For the year 2022, the company’s organic revenue growth expected between plus 13% and plus 15%, driven by Elis’ improved growth profile (new needs of the company's clients), the pick-up in Hospitality and pricing dynamics. 2022 EBIT should be at c. €500 million, with a limited increase in D&A. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.51 (up from €0.018 in FY 2020). Revenue: €3.05b (up 8.6% from FY 2020). Net income: €114.5m (up €110.6m from FY 2020). Profit margin: 3.8% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 10
Elis Proposes Resumption of Dividend Distribution for the Financial Year 2021 Elis SA announced that after being suspended for the 2019 and 2020 financial years, the Supervisory Board proposed the resumption of a dividend distribution of €0.37 per share for the financial year 2021, at its annual general meeting of shareholders to be held on 19 May 2022. This is line with the amounts paid prior to the pandemic and an option of payment in Elis shares will be available. Announcement • Mar 06
Elis SA (ENXTPA:ELIS) acquired Golden Clean SA. Elis SA (ENXTPA:ELIS) acquired Golden Clean SA on March 4, 2022. Golden Clean reported revenue of €6 million in 2021.
Elis SA (ENXTPA:ELIS) completed the acquisition of Golden Clean SA on March 4, 2022. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €12.33, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total loss to shareholders of 5.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.34 per share. Announcement • Feb 16
Elis SA (ENXTPA:ELIS) signed an agreement to acquire Textilservice Jockel Gmbh & Co. Kg. Elis SA (ENXTPA:ELIS) signed an agreement to acquire Textilservice Jockel Gmbh & Co. Kg on February 16, 2022. The current management team will remain in place and will contribute to pursue the business development in the country. As of year ended December 31, 2021, Textilservice Jockel Gmbh reported revenue of €20 million. The closing of the transaction is subject to customary regulatory conditions. Buying Opportunity • Jan 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.9%. The fair value is estimated to be €20.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% per annum over the last 3 years. Earnings per share has declined by 33% per annum over the last 3 years. Announcement • Dec 29
Elis SA (ENXTPA:ELIS) completed the acquisition of Textile activity of Blesk InCare. Elis SA (ENXTPA:ELIS) signing an agreement to acquire Textile activity of Blesk InCare on October 7, 2021. In a related transaction, Elis acquired Blesk InCare’s Mats activity in 2019. The transaction is subject to customary regulatory conditions and is expected to occur by the end of 2021.
Elis SA (ENXTPA:ELIS) completed the acquisition of Textile activity of Blesk InCare on December 28, 2021. Announcement • Nov 30
Elis SA (ENXTPA:ELIS) agreed to acquire Chrisal Skadedyrsservice A/S. Elis SA (ENXTPA:ELIS) agreed to acquire Chrisal Skadedyrsservice A/S on November 29, 2021. The current management team will stay on and help to accelerate the business growth in the country. The acquisition will be consolidated on December 1, 2021. Announcement • Sep 01
Elis SA (ENXTPA:ELIS) acquired Pure Washrooms Ltd.. Elis SA (ENXTPA:ELIS) acquired Pure Washrooms Ltd on September 1, 2021.
Elis SA (ENXTPA:ELIS) completed the acquisition of Pure Washrooms Ltd. on September 1, 2021. Reported Earnings • Jul 30
First half 2021 earnings released: EPS €0.08 (vs €0.094 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.38b (up 1.8% from 1H 2020). Net income: €17.0m (up €37.9m from 1H 2020). Profit margin: 1.2% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 12
Elis SA (ENXTPA:ELIS) acquired Laundry Business from Logistica Institucional Colombiana SAS. Elis SA (ENXTPA:ELIS) acquired Laundry Business from Logistica Institucional Colombiana SAS on May 11, 2021. Jaime Cubillos, and included Emilia Arango, Daniel Delgado, Carolina Camacho, Edwin Camargo, Cristina Vásquez, Jorge de los Ríos and Laura Torrado of Posse Herrera Ruiz aced as legal advisors to Elis. Mario Críales and Juan Solorzano of Posse Herrera Ruiz acted as legal advisors to Logistica Institucional Colombiana.
Elis SA (ENXTPA:ELIS) completed the acquisition of Laundry Business from Logistica Institucional Colombiana SAS on May 11, 2021. Announcement • Mar 12
Elis SA (ENXTPA:ELIS) acquired Scaldis St Martin. Elis SA (ENXTPA:ELIS) acquired Scaldis St Martin on March 10, 2021. In 2020, Scaldis reported revenue of €10 million. This acquisition enables Elis to strengthen its footprint in the fast-growing and profitable Cleanroom market. This acquisition will be consolidated from March 1st, 2021.
Elis SA (ENXTPA:ELIS) completed the acquisition of Scaldis St Martin on March 10, 2021. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS €0.02 (vs €0.63 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €2.81b (down 14% from FY 2019). Net income: €3.90m (down 97% from FY 2019). Profit margin: 0.1% (down from 4.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue beats expectations Revenue exceeded analyst estimates by 0.0007%. Over the next year, revenue is forecast to grow 6.9%, compared to a 9.9% growth forecast for the Commercial Services industry in Germany. Announcement • Mar 10
Elis SA, Annual General Meeting, May 20, 2021 Elis SA, Annual General Meeting, May 20, 2021. Is New 90 Day High Low • Feb 24
New 90-day high: €14.56 The company is up 5.0% from its price of €13.83 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.93 per share. Announcement • Jan 30
Elis SA to Report Fiscal Year 2020 Results on Mar 09, 2021 Elis SA announced that they will report fiscal year 2020 results Pre-Market on Mar 09, 2021 Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 27% share price gain to €12.91, the stock is trading at a trailing P/E ratio of 48.8x, up from the previous P/E ratio of 38.4x. This compares to an average P/E of 18x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 39%. Announcement • Nov 02
Elis SA (ENXTPA:ELIS) acquired Clinilaves Lavanderia Hospitalar. Elis SA (ENXTPA:ELIS) acquired Clinilaves Lavanderia Hospitalar on November 1, 2020. Clinilaves Lavanderia Hospitalar generated revenues of approximately BRL50 million in 2019.
Elis SA (ENXTPA:ELIS) completed the acquisition of Clinilaves Lavanderia Hospitalar on November 1, 2020. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 17% share price decline to €9.30, the stock is trading at a trailing P/E ratio of 36.5x, down from the previous P/E ratio of 44.1x. This compares to an average P/E of 17x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 58%. Is New 90 Day High Low • Oct 29
New 90-day low: €9.59 The company is down 13% from its price of €10.97 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.16 per share.