Elis announces that the S&P Global rating agency has upgraded its long-term credit rating for the industrial laundry group to 'BBB-' with a 'stable' outlook, thus placing its rating in the 'Investment Grade' category.

This 'Investment Grade' rating reflects Elis' financial strength as well as its prospects for margin improvement, accelerated cash generation and further deleveraging.

The Group will ensure that it maintains a financial policy aimed at remaining in the Investment Grade category, while pursuing its strategy of profitable growth", comments Xavier Martiré, Chairman of the Management Board.

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