RBC Tweaks Estimates for Elis Ahead of H1 Results; Sector Perform Rating Kept
RBC Capital Markets adjusted its model for Elis (ELIS.PA), making minimal revisions to its earnings forecasts ahead of the French circular services company's first-half results presentation due July 29. "Our EPS estimates move by Analysts also lifted their revenue projections for full-year 2026 to 2028 to 5.07 billion euros, 5.28 billion euros and 5.48 billion euros, respectively, from 5.06 billion euros, 5.26 billion euros and 5.46 billion euros. RBC maintained its fundamental view on Elis, noting that the company is well-positioned for a high-single-digit EPS compound annual growth rate expansion amid a track record of "dependable" growth and a "credible" midterm strategy. "Capital allocation is very disciplined, with bolt-ons and buybacks set to support positive EPS momentum," the note said.
RBC Capital Markets adjusted its model for Elis (ELIS.PA), making minimal revisions to its earnings forecasts ahead of the French circular services company's first-half results presentation due July 29. "Our EPS estimates move by Analysts also lifted their revenue projections for full-year 2026 to 2028 to 5.07 billion euros, 5.28 billion euros and 5.48 billion euros, respectively, from 5.06 billion euros, 5.26 billion euros and 5.46 billion euros.
RBC maintained its fundamental view on Elis, noting that the company is well-positioned for a high-single-digit EPS compound annual growth rate expansion amid a track record of "dependable" growth and a "credible" midterm strategy. "Capital allocation is very disciplined, with bolt-ons and buybacks set to support positive EPS momentum," the note said.