Sodexo : Cautious guidance for organic growth in H2, pace of recovery in the US will be key
>Guidance for organic growth in H2 2021 relatively cautious - On 1 April, Sodexo published H1 2021 results which beat forecasts in terms of EBIT and margins, notably thanks to contract renegotiations, the prolongation of support measures, the initial impacts of the GET restructuring programme and strict cost controls. Sodexo has issued guidance for organic growth of +10%/+15% in H2 2021, i.e. implicit guidance of -7%/-9% for FY 2021. This notably factors in the assump...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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