Elis plans EUR 380 million bond redemption while Elis stock sits 24.91 percent below its high

Published on 10/05/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies sees EUR 32.00 on September 11, 2026. Elis stock costs EUR 21.28 on October 5, 2026 versus EUR 21.41, minus 0.61 percent.

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Elis plans the early redemption of its EUR 380 million 2029 convertible bonds on October 13, 2026, according to MarketScreener on September 11, 2026. At EUR 21.28, Elis stock was 24.91 percent below its EUR 28.34 52-week high on October 5, 2026.

Target stands at EUR 32.00

Jefferies maintained a Buy rating and a EUR 32.00 price target after a management meeting, as Zonebourse reported on September 11, 2026. That target lies 50.38 percent above the Lang & Schwarz price of EUR 21.28, using the same euro currency and the October 5, 2026 quote.

The analyst view emphasizes pricing power and margin improvement, while the debt transaction gives investors a dated capital-markets event. The early redemption is scheduled for October 13, 2026, rather than being an open-ended financing plan.

Revenue growth and costs shape outlook

Elis reported second-quarter 2026 revenue of EUR 1,277 million, up 5.40 percent, according to Ideal Investisseur on September 22, 2026. The period label matters because the figure describes the second quarter, not a full-year result.

Elis kept its 2026 outlook for organic revenue growth below the 3.80 percent rate achieved in 2025, with adjusted EBITDA and adjusted EBIT margins expected to improve year over year. The same report put the potential 2026 pressure from wages, fuel and consumables at 0.40 percentage point on adjusted EBITDA margin.

The company investor-relations page lists the 2026 half-year financial report and results presentation dated July 29, 2026, and schedules the Q3 2026 revenue release for October 28, 2026, according to Elis.

Stock remains below its yearly high

Elis had a market capitalization of EUR 4.6 billion as of October 5, 2026. Its EUR 21.28 price was EUR 0.13 below the Lang & Schwarz prior close of EUR 21.41 from October 2, 2026, equal to minus 0.61 percent.

Elis stock was trading at EUR 21.28 at Lang & Schwarz on October 5, 2026 at 12:21 p.m. CEST, minus 0.61 percent versus the prior close of EUR 21.41.

The further course of trading is shown by the continuously updated real-time quote of Elis stock.