Brief: Sodexo Lowers FY Guidance To Between +3% And +4% Organic Revenue Growth

Sodexo SA

20/03/2025 06:10

March 20 (Reuters) - Sodexo SA EXHO.PA:

SODEXO FIRST HALF FISCAL 2025 ESTIMATES AND FULL YEAR GUIDANCE UPDATE

OUTLOOK FY UPDATED: ORGANIC REVENUE GROWTH BETWEEN +3% AND +4%

OUTLOOK FY UPDATED: UNDERLYING OPERATING PROFIT MARGIN IMPROVEMENT BETWEEN +10 TO + 20 BPS, AT CONSTANT CURRENCIES

H1 ORGANIC REVENUE GROWTH OF +3.5%

H1 UNDERLYING OPERATING PROFIT UP +6.4% AT CONSTANT CURRENCIES, MARGIN UP +10BPS

H1 NET PROFIT FROM CONTINUING OPERATIONS EUR 434 MILLION

FY GUIDANCE ADJUSTED DUE TO WEAKER-THAN-EXPECTED VOLUME TRENDS IN EDUCATION IN H1

SEES SLOWER THAN EXPECTED ORGANIC GROWTH IN NORTH AMERICA

Source text: ID:nGNE4kDg78

Further company coverage: EXHO.PA

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