Catering group Elior considers separating some concessions units

PARIS (Reuters) - Elior, Europe's third-largest CATERING INTL SCES group, said it was considering a separation of some of concessions businesses, as part of a broader strategy to boost growth in a competitive market which saw the company issue a profit warning in May. The French company said it was reviewing options for concession CATERING INTL SCES activities grouped in its so-called "Areas" arm, which handles CATERING INTL SCES in areas such as airports and railways. "The review, which could lead to the separation of "Areas" from the rest of the group, is intended to accelerate the development of each of its activities and create value for Elior Group shareholders," said Elior in a statement.