Sodexo : Reassuring FY 2024 figures, further operating improvement expected in 2025
>FY 2024 figures were in line… - Yesterday before the open, Sodexo reported FY 2024 figures that were in line with expectations overall, including organic sales growth of 7.9% (+7.5% excluding the rugby World Cup and the Olympics). Organic growth in food services continues to be the main growth driver (+9.3%, 66% of FY 2024) and the group continues to be selective about facility management services (+5.5%, 34% of FY 2024 sales). The EBIT margin rose 35bp to 4.7%, i.e....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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