Sodexo : What to expect from the H1 2019 publication? (11 April before market open)
>Growth should remain “solidâ€, margins down - Sodexo is due to publish its H1 2019 results on 11 April. We expect organic growth to remain “solid†at +2.7% (vs 2.6% for the consensus), at the high of end FY 2019 guidance (2%-3%), underpinned by the business & administrations and education activities at the on-site services division (estimated at +2.6% each) and by robust growth at the benefits & rewards division (+9.8% est.). Overall, the improvement in organic growth...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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