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Sodexo Says In Active Negotiations With Tokyo 2021 - Conf Call
Sodexo Sees Organic Decline Between -20% And -25% In H1 2021 Versus H2 2020
Sodexo Targets Organic Decline Between -20% And -25% In H1
Sodexo SA is a France-based service provider company. It operates through three main segments: On-site Services, Benefits & Rewards Services and Personal & Home Services. On-site Services delvers onsite customizable services, such as foodservices, design of workplaces, sterilization of medical devices, reception and cleaning services to Business & Administrations, Healthcare & Seniors and Education industries. Benefits & Rewards Services provides customizable services to business customers for improve engagement, recognition, work-life balance, travel and expense management, health and wellbeing. Personal & Home Services covers three areas: childcare services, designed to take care of the youngest children; concierge services, to enhance the development and well-being of the clients’ employees in the workplace; home care services for seniors and adults who want to maintain their independence while enjoying the comfort of their home. It is active globally.
255 quai de la Bataille de Stalingrad
Chairwoman of the Board
Chairman Emeritus of the Board
Chief Executive Officer, Member of the Executive Committee
Group Chief Financial Officer, Member of the Executive Committee
Group Chief People Officer, Member of the Executive Committee
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French catering and food services group Sodexo <EXHO.PA> said on Thursday it was in talks with employee representatives over its planned 2,083 job cuts, as it forecast a further revenue slump in a sector that was recovering but still hurt by the coronavirus crisis.
Sodexo <EXHO.PA> warned on Tuesday that its fourth-quarter and half-year sales will fall more sharply than previously expected as the coronavirus pandemic remains strong in North America, Latin America and India.
French catering and food services group Sodexo <EXHO.PA> on Tuesday said they expected fourth-quarter and half-year sales to fall harder than previously expected as the coronavirus pandemic stays strong in North America, Latin America and India.
* PARTNERS WITH BUREAU VERITAS TO INTRODUCE A HYGIENE VERIFICATION LABEL DESIGNED TO SUPPORT BUSINESS REOPENING
French catering and food services group Sodexo <EXHO.PA> said on Thursday that second-half revenue could tumble as much as 26% due to government measures to contain the coronavirus, which will likely batter underlying operating income.
* COVID-19: WE KNOW THAT THIS SITUATION WILL HAVE SIGNIFICANT IMPACT ON OUR RESULTS FOR THE YEAR - CEO
French catering and food services group Sodexo on Thursday said it estimated a 25% revenue hit in the second half of its 2020 financial year, compared to the previous year, with its clients compelled to shut or scale down activities worldwide due to the coronavirus outbreak.
Top managers at French food services and catering company Sodexo <EXHO.PA> have agreed to pay cuts, which it said would help fund a 30-million-euro (26.64 million pounds) programme to aid staff facing lay-offs as a result of the coronavirus crisis.
French catering and food services group Sodexo <EXHO.PA> on Wednesday suspended its annual forecast and said the coronavirus pandemic could impact its annual sales by 2 billion euros ($2.2 billion) (1.82 billion pounds).
French catering and food services group Sodexo said on Wednesday that the the global coronavirus crisis could impact its annual sales by 2 billion euros ($2.2 billion), even though its first-half performance was currently in line with forecasts.
Sodexo <EXHO.PA> said it expects French strikes and unrest in Chile and Hong Kong to hit its second quarter results, knocking its shares 2% lower on Thursday.
French food services group Sodexo reported on Thursday that its first-quarter revenue grew 7.1% to 6.08 billion euros ($6.76 billion), benefiting from its successful partnership for rugby World Cup. "Revenue growth in the first quarter remains solid with a very successful...
Shares in Sodexo <EXHO.PA> 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.
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.
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.
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.
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)
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.
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