• Elis: Press release

    来源: Nasdaq GlobeNewswire / 06 9月 2024 09:59:36   America/New_York

    Saint-Cloud, 6 September 2024 – Elis confirms it has made a preliminary approach to Vestis regarding a potential acquisition.

    Elis regularly considers a range of strategic opportunities. There can be no assurance that these discussions will result in the signing of a transaction or other agreement.

    Any transaction, should one be agreed, would be in line with Elis’ commitments to its shareholders, namely:

    • Financial discipline in terms of the amount paid for the acquisition;
    • Retain investment grade rating and leverage of c. 2.2x adjusted EBITDA in Year 1 and c. 2.0x in Year 2;
    • Acquisition accretive to EPS in Year 1.

    About Elis

    As the leader in circular services, thanks to a rental-maintenance model optimized by traceability technologies, Elis innovates every day. In its 30 countries, Elis meets the needs of its customers in terms of protection, hygiene, and well-being, while assisting them in achieving their environmental objectives. With unique operational know-how and a profitable organic growth profile, Elis creates sustainable value for its shareholders, customers, employees, and the environment.

    https://fr.elis.com/en

    Contacts

    Nicolas Buron
    Director of Investor Relations, Financing & Treasury
    Phone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com

    Charline Lefaucheux
    Investor Relations
    Phone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com

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