Sodexo: revises financial outlook
(CercleFinance.com) - Group H1 2017-2018 revenues came in at 10.
3 billion euros, down 3.2% y-o-y, including a negative currency impact of -6.2%.
Operating profit fell by 7.4% at constant exchange rates, with the corresponding margin down 70 basis points.
As a result, the Group published a revision of its outlook for fiscal year 2017-2018, with organic sales growth of between +1% and +1.5% and an operating margin of around 5.7%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 billion euros, down 3.2% y-o-y, including a negative currency impact of -6.2%.
Operating profit fell by 7.4% at constant exchange rates, with the corresponding margin down 70 basis points.
As a result, the Group published a revision of its outlook for fiscal year 2017-2018, with organic sales growth of between +1% and +1.5% and an operating margin of around 5.7%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.