Report
Johanna Jourdain

Sodexo : H1 confirms the operational progress that is underway

>An encouraging H1 2023-24 and FY 2023-24 guidance raised: operational improvement continues - On Friday after trading, Sodexo published good H1 2023-24 results, coming in 2% above expectations, with organic growth of 8.5% and an EBIT margin of 5.1% up 40bp. The performance notably benefited from strict cost controls (including central costs), the improvement in productivity and the quality of recently signed or renewed contracts. The group reported encouraging KPIs, ...
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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