Report
Johanna Jourdain

Sodexo : What to expect from the interim results publication (5 April before trading)?

>H1 results: solid organic growth and a fresh improvement in the margin - Sodexo is due to publish its H1 2023 earnings on 5 April before trading. We anticipate a solid H1, still underpinned by an undemanding comparison base and relatively modest margin growth, but remaining 40bp below the 2018-2019 level, principally due to the prevailing context of strong inflation, and which offers upside to the share over the coming years. In detail, we forecast sales of € 12,143m...
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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