Sodexo SA (EXHO.PA)
18 Apr 2019
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.
PARIS Sodexo's sport and leisure business, which provides catering at the U.S. Super Bowl, Royal Ascot and the Eiffel Tower, will focus on organic growth as it integrates its 2017 U.S. acquisition Centerplate.
PARIS, Feb 12 Sodexo's sport and leisure business, which provides catering at the U.S. Super Bowl, Royal Ascot and the Eiffel Tower, will focus on organic growth as it integrates its 2017 U.S. acquisition Centerplate.
* ANNOUNCED ON MONDAY THAT ON JAN 28 INTERNATIONAL CENTER FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID) DELIVERED ITS DECISION IN SODEXO’S ARBITRATION CLAIM AGAINST HUNGARIAN STATE IN CO’S FAVOUR
* Impact from Paris protests is manageable (Adds CEO comments on yellow vests, shares, analyst)
PARIS, Jan 10 French food services and facilities management group Sodexo said underlying revenue grew 2.6 percent in the first quarter of the 2018/19 fiscal year, reflecting stable growth in Europe and an improvement in North America.
LONDON European shares were flat to slightly higher on Thursday, paring gains as a rally following the U.S. midterm elections sputtered while strong results from SocGen and Commerzbank and France's Sodexho soothed concerns about corporate earnings.
* Banks rise 1.1 percent after Commerzbank, SocGen, BPM results