Sodexo : Solid 2022 results, the improved client retention rate is very encouraging
>Solid FY 2022 results, with sharp improvements in client retention and new sales development - Sodexo released its full-year 2022 results yesterday, with EBIT exceeding expectations by 3%. The highlight was a very substantial improvement in the client retention rate to 94.5% in 2022 (vs 93.1% in 2021); it rose in almost all regions, particularly North America (>96%, +400bp). Management specified during the conference call that retention remained a top priority for th...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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