Report
Johanna Jourdain

Sodexo : Q1 2023-24 sales in line

>Q1 2023-24 sales in line with expectations, 2023-24 guidance confirmed - Sodexo’s Q1 2023-24 sales, reported before trading on Friday, came in at € 6.287bn, in line with expectations, with organic growth of +8.2%, underpinned by all regions excluding one-offs and by price increases of +4.5% (FY guidance of +3-4%). The Rugby World Cup in Europe provided +0.6% in organic terms at the group level in Q1, offset by an accounting effect in RoW. In the conference call,...
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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