[PDF] - S T SUL ue sday, July 26 th 2016 H1 2016 RE T F ORWARD L PDF Document

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H1 2016 RE SUL T S

T ue sday, July 26th 2016

SLIDE 2

F ORWARD L OOKING ST AT E ME NT S

T his pre se ntatio n may c o ntain so me fo rward-lo o king state me nts. T he se state me nts are no t unde rtaking s as to the future pe rfo rmanc e o f the Co mpany. Altho ug h the Co mpany c o nside rs that suc h state me nts are base d o n re aso nable e xpe c tatio ns and assumptio ns at the date o f public atio n o f this re le ase , the y are by the ir nature subje c t to risks and unc e rtaintie s whic h c o uld c ause ac tual pe rfo rmanc e to diffe r fro m tho se indic ate d o r implie d in suc h state me nts. T he se risks and unc e rtaintie s inc lude witho ut limitatio n the risk fac to rs that are de sc ribe d in the Do c ume nt de Base and in the 2015 Re g istratio n Do c ume nt, bo th re g iste re d in F ranc e with the F re nc h Auto rité de s marc hé s financ ie rs. I nve sto rs and ho lde rs o f share s o f the Co mpany may o btain c o py o f the se do c ume nts fro m the Auto rité de s marc hé s financ ie rs’ we bsite : www.amf-franc e .o rg o r fro m the Co mpany’ s we bsite : www.c o rpo rate -e lis.c o m/ e n/ inve sto r-re latio ns T he Co mpany do e s no t have the o blig atio n and unde rtake s no o blig atio n to update o r re vise any o f the fo rward-lo o king state me nts.

SLIDE 3

Te Texte

BUSINE SS OVE RVIE W

Xavie r Mar tir é - CE O

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H1 2016 HIGHL IGHT S

Solid financ ial ac hie ve me nts

Or

ganic gr

wth of +3.1%
E

BIT DA of €216m at 29.6%

All ge ogr

aphie s de live r e d in line with full- ye ar tar ge ts

F

ur the r M&A ac tivity with se ve r al ac quisitions c omple te d Continue d imple me ntation of Gr

up str

ate gy

Mar

ke t shar e gains in all ge ogr aphie s

Impr
ve me nt in ope r

ational e xc e lle nc e

Consolidation of our

platfor ms in E ur

pe and L

atin Ame r ic a

De ve lopme nt of the Pe st Contr
l ac tivity and launc h of ne w se r

vic e s

4

SLIDE 5

H1 2016 KE Y F IGURE S

(E UR million) H1 2016 Cha ng e Re ve nue s 730.2 Re porte d: +7.0% At c onstant e xc hange r ate : +8.8% Org a nic : +3.1% E BIT DA 216.1 +5.6%

% o f re ve nue 29.6%

39b ps

He a dline ne t re sult * 38.9 x2.5 Ne t de bt / E BIT DA ** 3.2x 3.1x a s of 31 De c e mbe r 2015

* Afte r e liminatio n o f PPA de pre c iatio n and o f 2015 I PO and re financ ing e xpe nse s (ne t o f tax) ** T railing 12 mo nths E BI T DA, pro fo rma fo r the full ye ar impac t o f ac quisitio ns

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SLIDE 6

H1 2016 RE VE NUE BRE AKDOWN

Industry Southe rn E urope F ra nc e L a tin Ame r ic a

By activity

Hyg ie ne a nd we ll- be ing Workwe a r F la t line n T r ade & Se r vic e s Hospita lity He a lthc a re Northe rn E urope

By end‐market By geography

No rthe rn E uro pe inc lude s S witze rland, Ge rmany, Be lg ium, L uxe mbo urg and Cze c h Re public S

uthe rn E

uro pe inc lude s S pain, Po rtug al and I taly L atin Ame ric a inc lude s Brazil and Chile

67% 14% 10% 9%

6

34% 21% 18% 27% 48% 31% 22%

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H1 2016 RE VE NUE PE R QUART E R

(E UR million) Q1 Q2 H1 2016 2016 re ve nue s 350.6 379.7 730.2

2015 re ve nue s 322.0 360.4 682.4 Re po rte d g ro wth +8.9% +5.4% +7.0%

Gr

wth at c onstant e xc hange r

ate s +11.0% +6.7% +8.8% Or ganic gr

wth

+4.1% +2.2% +3.1%

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SLIDE 8

H1 2016 ORGANIC GROWT H BY COUNT RY

H1 2016 or ganic gr

wth

> 10%

Bra zil, Spa in

> 7%

Po rtug a l

F r

m 3% to 4%

Switze rla nd, Ge rma ny

F r

m 0% to 3%

F ra nc e , I ta ly

< 0%

Be lg ium - L uxe mb o urg

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SLIDE 9

H1 2016 KE Y BUSINE SS HIGHL IGHT S

F RANCE SOUT HE RN E UROPE NORT HE RN E UROPE L AT IN AME RICA

Mar

ke t shar e gains

Continue d

roll- out

f

la rge c ontr ac ts

Diffic ult mac r
e nvir
nme nt

and disappointing Q2

Slight impr
ve me nt of the

c ompe titive e nvir

ne me nt
T

r è s bonne dynamique c omme r c iale e n E spagne e t au Por tugal

Cr
issanc e or

ganique à 2 c hiffr e s e n E spagne

T

r ansfe r ts de savoir

fair

e e t amé lior ation de la pr

duc tivité
Bonne pe r

for manc e e n Suisse e t e n Alle magne

Pour

suite de l’ac tivité M&A

E

lar gisse me nt de l’offr e aux pe tits c omme r c e s e t aux par tic ulie r s (ac quisition de On My Way)

Conjonc tur

e mac r

- é c onomique

toujours diffic ile a u Bré sil

Bonne dynamique c omme r

c iale ave c plus de 10% de c r

issanc e
r

ganique au Br é sil

Inté gr

ation r é ussie d’Albia, n°1 c hilie n

F
r

te augme ntation de la pr

duc tivité
F

r e nc h e c onomy r e mains slug g ish

Se ve r

e disr uptions in Q2 that impa c te d mostly Hospita lity

T

he suc c e ss of pr

duc tivity

impr

ve me nt plans allowe d

ma rg in impa c t to be limite d

Good pr

ic ing disc ipline

Ve r

y good c omme r c ial mome ntum in Spain and Por tugal

Double - digit or

ganic gr

wth

in Spain

T

r ansfe r

f know- how and

pr

duc tivity impr
ve me nt
Good pe r

for manc e in Switze r land and Ge r many

F

ur the r M&A

E

xpansion of E lis offe r to:

 sma ll c ustome rs in We ste rn

Switze rla nd

 pr

ivate individuals (ac quisition

f On My Way)
Ma c ro e nvironme nt in Bra zil still

diffic ult

Good c omme r

c ial mome ntum with or ganic gr

wth ove r

10% in Bra zil

Suc c e ssful inte gr

ation of Albia, the numbe r

ne playe r

in Chile

Str
ng pr
duc tivity impr
ve me nt

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SLIDE 10

E L IS CONT INUE S IT S ST RAT E GY OF T ARGE T E D ACQUISIT IONS

In Bra zil

Ac quisition of Ma rtins L
c oc o: a pla ye r in the Sã o Pa ulo r

e g ion, de dic a te d to He a lthc a re c lie nts

F

amily busine ss founde d in 1989 with a good br and r e c ognition in Br azil

Annual r

e ve nue of c . €10m and E BIT DA mar gin in line with E lis’ c ur r e nt r e gional le ve l In Ge r many

Ac quisition of 2 laundr

ie s mainly se r ving Hospitality and He althc ar e c lie nts

E

lis str e ngthe ns its footpr int in the Hambur g r e gion, the 2nd most populate d in the c ountr y

T

he Gr

up now ope r

ate s 11 laundr ie s in Ge r many In Switze rla nd

Ac quisition of one laundr

y mainly se r ving Cate r ing c lie nts

E

lis str e ngthe ns its footpr int in the Zür ic h r e gion, lar ge st agglome r ation in Switze r land

T

he Gr

up now ope r

ate s 17 laundr ie s in the c ountr y

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SLIDE 11

E L IS E XPANDS IT S SE RVICE OF F E R T O PRIVAT E INDIVIDUAL S

Ac quisition of the Swiss star tup On My Way, whic h provide s priva te individua ls with a line n- c le a ning se rvic e , by g a the ring the ir line n in pic kup points loc a te d on the ir e ve ryda y route (gas stations, supe r mar ke ts) as we ll as at the ir offic e s

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SLIDE 12

L AUNCH OF T HE SE RVICE MONL INGE BNB

Monlingebnb is a ne w line n kit r

e ntal se r vic e , with home de live r

y. It a ims at simplifying

line n ma na g e me nt for priva te individua ls who re nt the ir fla t for a short pe riod of time . T his ne w se r vic e was launc he d in the Par is r e gion in e ar ly July

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