Sodexo : A solid 2023 publication, equity story around forthcoming spin-off firming up
>Encouraging 2023 results, thus validating the progress made on growth - Yesterday after market close, Sodexo published good 2023 results, a shade above forecasts. Of particular note was the improvement in the retention rate, which now exceeds the target of 95% (95.2% at end-FY 2023 vs 94.5% at end-FY 2022) and validates the efforts made by the group to improve this indicator over recent years. As a result, net new development was also up by +2.2% in FY 2023 (vs +2% i...Sodexo is a services company which partners with companies, institutions and local authorities. Co. designs, manages and delivers Quality of Life services. Co.'s offers are: On-Site Service Solutions (Co.'s services are: Corporate, Defense, Justice Services, Remote sites, Health Care, Seniors, Education and Sports and Leisure), Benefits and Rewards Services Solutions (Co.'s offers focus on the following services: recruit and retain employees and increase their motivation; mobilize teams around quantitative or qualitative objectives; ensure delivery of Public Benefits), and Personal and Home Services (services in childcare; tutoring and adult education; concierge services and senior care).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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