Sodexo : What to expect from the Q3 revenue report? (8 July before trading)
>Organic growth should remain strong in Q3 - Sodexo is due to report its Q3 2019 revenues before the start of trading on 8 July. We do not expect a strong change in trend relative to Q2 overall, so organic growth should remain firm in Q3. We expect Q3 revenues of € 5.5bn, up 7.4% on a reported basis with +3.4%e organic growth in Q3 (consensus 3.0%), which suggests +3.2%e in 9M (consensus +3.1%).In the onsite services division (contract catering + facility managem...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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