Sodexo: 20% growth in 1st quarter sales
On-site services continue to benefit from the post-Covid recovery, with attendance up across all geographies at workplaces, stadiums, convention centers and universities", says Sophie Bellon.
The acceleration of organic growth in Benefits & Rewards continues, reflecting in particular this quarter the rise in interest rates in the euro zone and a major one-off contract in Austria, the Klimabonus", adds the CEO of the services group.
Sodexo is maintaining its objectives for fiscal 2023, i.e. organic growth of between +8 and +10%, driven in particular by the impact of inflation of 4 to 5%, and an operating margin close to 5.5% at constant rates.
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