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Top related persons:
Sophie Bellon - 2 Bellon - 1 Sodexo - 1 Diana Mandiá - 1 Milla Nissi - 1 Jane Merriman - 1
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Gdansk
Top related orgs:
Harris International - 1 Sodexo - 1 Employers - 1 Thomson - 1

Search resuls for: "Sophie Bellon"


6 mentions found


☆ Sodexo CEO: We need to change the mindset of people around sustainable food systems
  + stars: | 2024-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSodexo CEO: We need to change the mindset of people around sustainable food systemsAdopting a more sustainable way of eating is an urgent matter for 79% of people, according to a study from Sodexo and Harris International. Sophie Bellon, CEO of Sodexo, spoke to CNBC's Squawk Box Europe to discuss innovations and technologies needed to achieve sustainable food systems.
Persons: Sophie Bellon Organizations: Harris International, Sodexo
☆ Sodexo raises outlook for voucher business a second time
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
June 30 (Reuters) - French catering and food services group Sodexo (EXHO.PA) on Friday raised the full-year outlook of its voucher business for the second time this year as it benefits from companies' attempts to get employees back to the office. Employers have also turned to companies like Sodexo to offer vouchers to staff to help them cope with the rising cost of living. Sodexo last raised its forecast for the voucher business in April, targeting organic growth close to 20% and an operating margin near 32%. Sodexo also tweaked the group's full-year outlook, seeing an underlying operating margin of 5.5%, versus "close to" 5.5% previously. Total group revenue was 6.03 billion euros ($6.55 billion) in the third quarter, slightly ahead of the 6.02 billion euros expected by analysts polled by the company.
Persons: Sophie Bellon, Bellon, Sodexo, Diana Mandiá, Milla Nissi, Jane Merriman Organizations: Employers, Thomson Locations: Gdansk
☆ France's Sodexo to spin off Benefits & Rewards Services business
  + stars: | 2023-04-05 | by ( Diana Mandia | Thomson Reuters | Reports On The French | ) www.reuters.com   time to read: +2 min
April 5(Reuters) - French catering and food services group Sodexo (EXHO.PA) plans to spin off and list its Benefits & Rewards Services (BRS) business during 2024, it said on Wednesday, as it focuses on divisions that serve faster-growing markets. The BRS business reported a core profit of 162 million euros ($177 million) in the first half of 2023, up 46.4% from a year ago excluding currency impacts. Core profit for the group was 704 million euros, beating analysts' average forecast of 679 million euros, according to a company-compiled consensus. Price increases will remain above 5% in the second part of 2023, Sodexo said. It also raised its full-year forecast for its BRS business, targeting organic revenue growth of close to 20% and an underlying operating profit margin of close to 32%.
☆ Sodexo to spin-off Benefits & Rewards Services business
  + stars: | 2023-04-05 | by ( ) www.reuters.com   time to read: +1 min
April 5(Reuters) - French catering and food services group Sodexo (EXHO.PA) plans to spin-off and list its Benefits & Rewards Services (BRS) business during 2024, it said on Wednesday. The move will leave its two main businesses better placed to benefit from fast growing markets, the company added. Sodexo, which last May scrapped a plan to sell a minority stake in BRS, said it now plans to spin off and list BRS by distributing shares in the business to Sodexo shareholders. The business, which delivers vouchers and benefit cards to businesses for employees, reported a core profit of 162 million euros ($177 million) in the first half of 2023, 46.4% up from a year ago excluding currency impacts. Core profit for the group was 704 million euros, beating analysts' average forecast of 679 million euros, according to a company-compiled consensus.
☆ Sodexo sees demand for catering and vouchers lifting margins
  + stars: | 2022-11-02 | by ( Diana Mandia | ) www.reuters.com   time to read: +2 min
[1/2] The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, March 18, 2016. The company delivered a 5% margin in its last fiscal year and last week forecast an increase to 5.5% for 2022-2023. B&R will target capital spending close to 10% of revenue per year between 2022 and 2025, Sodexo said. Sodexo, whose businesses also include workplace design, sterilization of medical devices, reception and cleaning services, said it would step up its focus on food services as rising inflation leads more companies to outsource catering. However, Sodexo forecast organic sales growth of between 6% and 8% for fiscal 2024-2025, lower than its forecast of 8% to 10% for 2022-2023.
☆ Catering group Sodexo targets operating margin above 6% in 2025
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +1 min
[1/2] The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, March 18, 2016. REUTERS/Gonzalo FuentesNov 2(Reuters) - French catering and food services group Sodexo (EXHO.PA) on Wednesday forecast organic revenue growth of between 6% and 8% for fiscal years 2024-2025 and a margin above 6% in 2025, as it aims to refocus on food services and accelerate growth in its voucher business. One of the world's biggest catering companies alongside Britain's Compass (CPG.L), Sodexo said it expected its voucher business to deliver low-double-digit organic revenue growth for fiscal 2024 and 2025 and an underlying operating profit margin exceeding 30% in 2025. The group had decided not to open the voucher division to external capital in May. Reporting by Diana Mandiá in Gdansk; editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
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