Sodexo released its 9m consolidated revenues which highlighted a deceleration in the organic trend compared to H1's figure due to the challenging economic environment in Latin America and certain countries in Europe. The group's consolidated revenues delivered 2.2% LFL growth in 9m against +2.4% in H1. On-site Services (OSS, 96% of sales) experienced 1.9% organic growth in sales largely backed by the UK & Ireland (8.6% of On-site Services revenues), which showed acceleration throughout th
08 Jul 2015
Poor visibility in Continental Europe and LatAm and flattish North America
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Poor visibility in Continental Europe and LatAm and flattish North America
Sodexo SA (SW:WBO) | 0 0 0.6% | Mkt Cap: 15,121m
- Published:
08 Jul 2015 -
Author:
Bérénice Lacroix -
Pages:
3
Sodexo released its 9m consolidated revenues which highlighted a deceleration in the organic trend compared to H1's figure due to the challenging economic environment in Latin America and certain countries in Europe. The group's consolidated revenues delivered 2.2% LFL growth in 9m against +2.4% in H1. On-site Services (OSS, 96% of sales) experienced 1.9% organic growth in sales largely backed by the UK & Ireland (8.6% of On-site Services revenues), which showed acceleration throughout th