Tag
Food Services
2 articles
Sodexo Shares Fall 16% as Profit Halves
Sodexo SA shares plunged over 16% after cutting full‑year organic revenue growth to 0.5‑1% and profit margin to 3.2‑3.4%.
First‑half underlying operating profit fell 32% YoY to €442 million, with net
Sodexo Cuts FY Guidance, Profit Falls 57%
Sodexo reported first‑half underlying operating profit of €442 million, down 32% YoY and missing overall consensus estimates by 19%.
Net profit halved to €188 million; basic EPS fell to €1.29 and unde