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Sodexo: 9m sales up 1.7%.

(CercleFinance.com) - Sodexo has reported sales for the first nine months of 2016-17 of 16 billion euros, up 1.
7% y-o-y, with organic growth of +0.5% and +1.3% excluding the impact of the Rugby World Cup.

The group services recognises a disappointing third quarter, particularly in health and universities in North America, companies and administrations in Europe, although there have been the encouraging beginnings of a recovery in other business sectors.

The energy segment and resources returned to growth in the third quarter. The trend in France is improving and the dynamic nature of business in Asia and Latin America, notably Brazil, remains strong, said group CEO Michel Landel.


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