Sodexo rises on Thierry Delaporte's appointment as CEO

Sodexo SA

09/10/2025 08:53

** Shares in Sodexo EXHO.PA are up 2.7% after the French food service provider said Thierry Delaporte would replace Sophie Bellon as CEO on November 10, earlier than expected

** "An external hire bringing a fresh pair of eyes on the business is a positive," Jefferies says

** Jefferies says unexpected timing of governance change addresses investor concerns about management transitions amidst recent profit warnings

** "The timing of the announcement can raise question on the recent operating performance," the broker adds, noting caution on Q4 operating performance and FY26 outlook

** Up to the previous session's close, the shares were down 32%​ YTD

(Reporting by Dimitri Rhodes)

((Dimitri.rhodes@thomsonreuters.com))