Sodexo: annual outlook lowered
(CercleFinance.com) - On announcing its H1 results, Sodexo has lowered its outlook for FY 2025, mainly due to weaker-than-expected organic growth in North America.
It now expects organic sales growth of between +3% and +4% (vs. 5.5%-6.5% previously), while it forecasts its operating margin to increase by between +10bp and +20bp, at constant exchange rates (instead of +30bp to +40bp).
For H1, the foodservices and facility management group reported adjusted net income from continuing operations (group share) of E450m, up 5.2% at constant exchange rates.
Operating income rose by 6.4% to E651m, giving an operating margin that improved by 10bp to 5.2%, on sales of nearly E12.5bn, up 3.5% organically.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
It now expects organic sales growth of between +3% and +4% (vs. 5.5%-6.5% previously), while it forecasts its operating margin to increase by between +10bp and +20bp, at constant exchange rates (instead of +30bp to +40bp).
For H1, the foodservices and facility management group reported adjusted net income from continuing operations (group share) of E450m, up 5.2% at constant exchange rates.
Operating income rose by 6.4% to E651m, giving an operating margin that improved by 10bp to 5.2%, on sales of nearly E12.5bn, up 3.5% organically.
Copyright (c) 2025 CercleFinance.com. All rights reserved.