Sodexo: Q1 sales up 7.1%
(CercleFinance.com) - Sodexo has announced Q1 2019-20 sales that continued with the trend set in the previous quarter, up 7.
1% at 6,076 million euros, with organic growth of 3.8%.
"A very successful Rugby World Cup which offsets the impact of contract losses and a decision to exit a Healthcare contract in North America," said Denis Machuel, group CEO.
For the full financial year, Sodexo aims for organic sales growth of 4% including major sporting events, with a stable operating margin, excluding FX factors and any impact from the application of IFRS 16.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
1% at 6,076 million euros, with organic growth of 3.8%.
"A very successful Rugby World Cup which offsets the impact of contract losses and a decision to exit a Healthcare contract in North America," said Denis Machuel, group CEO.
For the full financial year, Sodexo aims for organic sales growth of 4% including major sporting events, with a stable operating margin, excluding FX factors and any impact from the application of IFRS 16.
Copyright (c) 2020 CercleFinance.com. All rights reserved.