Sodexo SA (EXHO.PA)
Mon, Jul 8 2019
PARIS Shares in Sodexo slumped on Monday after the French food services group warned the loss of several contracts in healthcare and sports and leisure in North America would weigh on fourth-quarter sales and also impact the start of next year.
* Sodexo profit margins sharply lag those of Compass (Recasts with comments from CEO call, shares, analyst)
PARIS, July 8 French food services group Sodexo said on Monday that sales growth accelerated in the third quarter but it warned that some contract losses in North America would weigh on fourth-quarter growth.
PARIS Shares in Sodexo surged on Thursday after the French food services company delivered a stronger-than-expected rise in first-half revenue as growth accelerated in north America during the second quarter.
* Q2 revenue growth accelerates in North America (Adds share reaction, CEO comments)
PARIS, April 11 French food services group Sodexo on Thursday reported a stronger-than-expected rise in first-half revenues as growth accelerated in all its businesses in the second quarter, and the company also stuck to its financial goals for the year.