Sodexo Lowers FY Guidance To Between +3% And +4% Organic Revenue Growth

March 20 (Reuters) - Sodexo SA EXHO.PA:

• SODEXO FIRST HALF FISCAL 2025 ESTIMATES AND FULL YEAR GUIDANCE UPDATE

• OUTLOOK FY UPDATED: ORGANIC REVENUE GROWTH BETWEEN +3% AND +4%

• OUTLOOK FY UPDATED: UNDERLYING OPERATING PROFIT MARGIN IMPROVEMENT BETWEEN +10 TO + 20 BPS, AT CONSTANT CURRENCIES

• H1 ORGANIC REVENUE GROWTH OF +3.5%

• H1 UNDERLYING OPERATING PROFIT UP +6.4% AT CONSTANT CURRENCIES, MARGIN UP +10BPS

• H1 NET PROFIT FROM CONTINUING OPERATIONS EUR 434 MILLION

• FY GUIDANCE ADJUSTED DUE TO WEAKER-THAN-EXPECTED VOLUME TRENDS IN EDUCATION IN H1

• SEES SLOWER THAN EXPECTED ORGANIC GROWTH IN NORTH AMERICA