Report
Johanna Jourdain

Sodexo : Feedback from Paris road show: convincing message on operational focus

>An encouraging FY 2023-24 despite a fall in the retention rate - Sodexo recorded organic growth of 7.9% and a +35bp improvement in its EBIT margin to 4.7% (vs 4.4% in 2019 on a comparable scope). Favourable contract signing momentum in the US, 43% of which was first-time outsourcing, compared with c.20% historically, and its strategy of accelerating growth in food is paying off, with organic growth of 9.3% in this activity. In contrast, Sodexo is not satisfied with ...
Underlying
Sodexo SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Johanna Jourdain

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