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Sodexo Q1 revenue rises, boosted by emerging markets

ReutersJan 7, 2025 6:00 AM

- French food caterer Sodexo EXHO.PA reported a 4.6% rise in its first-quarter organic revenue on Tuesday, missing market expectations, as robust growth in India, Brazil and Australia was offset by decreased activity in Continental Europe.

Consolidated revenue was 6.4 billion euros ($6.7 billion) in the three months through November, compared with the 6.5 billion euros expected by analysts in a company-provided consensus and 6.3 billion euros a year earlier.

Sodexo also confirmed its full-year guidance.

($1 = 0.9614 euros)

(Reporting by Mathias de Rozario and Johan Bodinier in Gdansk; Editing by Jacqueline Wong)

((mathias.derozario@thomsonreuters.com; johangeorgesroger.bodinier@thomsonreuters.com))

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