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Sodexo reported full-year revenue of €23.96 billion, beating analyst estimates despite a 28.9% drop in operating profit, with plans to continue restoring competitiveness in fiscal 2027.
French food caterer Sodexo announced plans to eliminate over 1,000 jobs in France to accelerate growth and improve competitiveness, impacting approximately 4% of its local workforce.
Sodexo forecasts accelerated revenue growth from 2027 via North American expansion, targeting 2-3% organic growth in 2027 and over 5% by 2030 following a strategic execution review.
French food caterer Sodexo raised its full-year organic revenue growth forecast to 1.2%-1.5% after reporting Q3 revenue of €6.17 billion, surpassing consensus estimates.
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