Elis Sa ( (ELSSF) ) has released its Q4 earnings. Here is a breakdown of the information Elis Sa presented to its investors.
Elis SA is a global leader in circular services, primarily operating in the textile, hygiene, and facility services industry, known for its sustainable business model and strong presence across multiple geographies.
Elis SA reported a record financial performance for the year 2024, with significant growth across all key financial metrics, aligning with its strategic guidance. The company also announced a new capital allocation policy aimed at enhancing shareholder returns.
The company achieved a revenue of 4,573.7 million euros, marking a 6.1% increase, with organic growth contributing 5.2%. Adjusted EBITDA rose by 9.2% to 1,609.8 million euros, improving the margin by 100 basis points to 35.2%. Net income saw a substantial rise of 29% to 337.8 million euros, and free cash flow increased by 14.1% to 346.4 million euros. Elis also reported a decrease in its financial leverage ratio to 1.85x. Strategic acquisitions in the Netherlands and Malaysia, along with productivity gains and favorable pricing, contributed to this robust performance.
Looking ahead, Elis SA anticipates continued financial progress in 2025, with expectations of slightly higher margins and free cash flow. The company plans to implement a 150 million-euro share buyback program and proposes a dividend increase, reflecting its commitment to enhancing shareholder value. Elis remains confident in its growth prospects, supported by its circular economy model and strategic initiatives.
Elis SA’s management expresses confidence in the company’s ability to achieve further profitable growth in 2025, with a focus on maintaining its leadership position and exploring new growth opportunities.