Sodexo : Significant negative impact from COVID-19, prompting profit warning on 2019-20
>H1 2019-20 results unlikely to be very impacted by COVID-19 outbreak - Sodexo is due to report its H1 2019-20 results, which cover the period from September to February, on 9 April. The group expects its H1 results to be in line with its internal forecasts and aligned with the FY 2019-20 guidance (H1 2019-20 consensus at 2.9% organic growth and a margin of 5.7%, i.e. -20bp). To recap, this sees organic growth of around 4% (with one-offs related to the Rugby World Cu...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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