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Sodexo First half Fiscal 2025 estimates and full year guidance update
Issy-les-Moulineaux, March 20, 2025 (7am)
Sodexo (Euronext Paris FR 0000121220-OTC: SDXAY)
Sodexo First half Fiscal 2025 estimates and full year guidance update
First half Fiscal 2025 key figures - unaudited
Sodexo Chairwoman and CEO, Sophie Bellon, said:
“While our industry fundamentals remain strong, in North America the continued soft trend in volumes in Education and slower than expected net new ramp-up in Healthcare have impacted our ability to meet initial expectations. We are determined to strengthen execution on identified areas where improvement is required. We continue to see significant opportunities in a highly attractive market, and we are investing in the future to grow faster. We are confident in our ability to create sustainable value for our stakeholders.”
H1 Fiscal 2025 highlights
FY25 Guidance
Our adjustment to the full-year organic revenue growth guidance is primarily driven by weaker-than-expected volume trends in Education in the First half, which are expected to persist. Additionally, in North America, delays in certain contracts start dates in Healthcare, and softer commercial performance in the First half have impacted expectations for net new contributions in the second half.
Similarly, the revision of the Underlying operating margin guidance mainly reflects the full-year impact of the revenue shortfall.
Sodexo is strengthening execution on identified areas where improvement is required, with a particular focus on North America towards commercial discipline and operational execution, as well as global organizational efficiency and strict overhead cost control.
Further details will be provided in the upcoming H1 results announcement, scheduled for April 4th, 2025.
Conference call
Sodexo will hold a conference call (in English) today at 8:30 a.m. (Paris time), 7:30 a.m. (London time) to comment on this release.
Those who wish to connect:
Followed by the access code 07 26 13 .
The live audio webcast will be available on www.sodexo.com
The press release, presentation and webcast will be available on the Group website www.sodexo.com in both the “Newsroom” section and the “Investors – Financial Results” section.
Financial calendar
These dates are indicative and may be subject to change without notice.
Regular updates are available in the calendar on our website www.sodexo.com
About Sodexo
Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in sustainable food and valued experiences at every moment in life: learn, work, heal and play. The Group stands out for its independence, its founding family shareholding and its responsible business model. Thanks to its two activities of Food and Facilities Management Services, Sodexo meets all the challenges of everyday life with a dual goal: to improve the quality of life of our employees and those we serve, and contribute to the economic, social and environmental progress in the communities where we operate. For Sodexo, growth and social commitment go hand in hand. Our purpose is to create a better everyday for everyone to build a better life for all.
Sodexo is included in the CAC Next 20, Bloomberg France 40, CAC 40 ESG, CAC SBT 1.5, FTSE 4 Good and DJSI indices.
Key figures
Sodexo's Board of Directors met on March 19, 2025, reviewed the financial data for the first half of Fiscal 2025 and reviewed this press release. These financial data are preliminary, the financial results for the first half of Fiscal 2025 will be approved by the Board of Directors on April 3, 2025. The limited review procedures by the Statutory Auditors are ongoing.
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