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☆ Sodexo Live CEO: We will serve Olympians 40,000 meals a day for 70 days
▼ + stars: | 2024-06-14 | 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 Live CEO: We will serve Olympians 40,000 meals a day for 70 daysNathalie Bellon-Szabo, CEO of Sodexo Live, discusses the company's plans for providing catering to the Paris 2024 Olympic village and explains why sustainability is at the heart of the company's strategy.

Persons: Nathalie Bellon, Szabo Organizations: Sodexo, Paris

☆ 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

☆ Aurora opens first commercial route for driverless trucks
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Tina Bellon/File Photo Acquire Licensing RightsNov 1 (Reuters) - Aurora Innovation (AUR.O) on Wednesday opened its first lane for driverless trucks connecting Dallas and Houston, supported by its commercial trucking terminal in Houston, ahead of a launch in 2024. "Bringing our commercial-ready terminals and services online a year ahead of our planned commercial driverless launch between Dallas and Houston enables us to focus next year on integrating our driver-ready trucks into our customers' operations," said Chief Product Officer Sterling Anderson. Aurora said it would operate its terminals day and night, which will support more than 75 commercial loads for pilot customers. Aurora's portfolio of products includes Aurora Driver, its self-driving technology that can be employed across vehicle types, and driverless trucking subscription service Aurora Horizon. Aurora has partnerships with Uber Technologies (UBER.N), Toyota (7203.T), Volvo (VOLVb.ST), and PACCAR (PCAR.O), among others.

Persons: Tina Bellon, Sterling Anderson, Aurora, Zaheer Kachwala, Varun Organizations: REUTERS, Aurora, Wednesday, Dallas, Command, General Motors, California Department of Motor Vehicles, Uber Technologies, Toyota, Volvo, Thomson Locations: Palmer, Dallas , Texas, U.S, Dallas, Houston, Bengaluru

☆ California governor vetoes bill banning robotrucks without safety drivers
▼ + stars: | 2023-09-23 | by ( Abhirup Roy | ) www.reuters.com time to read: +3 min

A veto by the governor can still be overturned if the legislature chooses to vote in favor of the bill with a two-thirds majority in each house. While many states, including Texas and Arkansas, have allowed the testing and operation of self-driving trucks, California - home to Alphabet (GOOGL.O), Apple (AAPL.O) and some of the most cutting-edge tech startups - bars autonomous trucks weighing more than 10,001 pounds. Developing autonomous technology has proved harder and more expensive than expected, leading to job cuts and even companies shutting shop. But labor unions led by the International Brotherhood of Teamsters have been calling for Governor Newsom to sign the bill, saying autonomous trucks - some of which weigh over 80,000 pounds - were unsafe and would lead to job losses. Governor Newsom in his veto message said any regulations framed by the department of motor vehicles would be transparent, with inputs from stakeholders and experts to ensure safety.

Persons: Tina Bellon, Gavin Newsom, Bill, Newsom, Abhirup Roy, Jan Harvey Organizations: REUTERS, FRANCISCO, U.S, Apple, Reuters, Daimler, Kodiak Robotics, International Brotherhood of Teamsters, Thomson Locations: Palmer, Dallas , Texas, U.S, California, Texas, Arkansas, Aurora, Southern California, San Francisco

☆ 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

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.

☆ Anna Cramling: Being a woman in chess can feel 'lonely' says popular streamer
▼ + stars: | 2023-03-30 | by ( Ben Church | ) edition.cnn.com time to read: +6 min

Popular online chess streamer Anna Cramling says she’s also had uncomfortable experiences during her career in the game. “I’ve had weird experiences in the chess world ever since I was a kid,” Cramling told CNN Sport. “From adult men complimenting me at chess tournaments, to receiving DMs from my chess opponents saying things such as ‘I couldn’t stop looking at you’ during our chess game. “One of the main issues has been that there are so many more guys than girls that play chess, and being a woman at a chess tournament can sometimes feel lonely. “I know that chess tournaments will not forever look this way, we just need to get more women to play.

☆ 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.

REUTERS/Tina Bellon/File PhotoApril 19 (Reuters) - Uber Technologies (UBER.N) and Lyft Inc (LYFT.O) have scrapped face mask mandates for their riders and drivers in the United States, the ride-hailing companies said on Tuesday, as COVID cases have fallen sharply from their January peak. Walt Disney Co (DIS.N) also said that wearing masks would be optional for fully vaccinated visitors at its indoor and outdoor locations and transport facilities. The company in November resumed shared rides, which had been suspended due to rising COVID cases. read moreAllegiant Travel Co (ALGT.O), Hawaiian Holdings Inc (HA.O), Spirit Airlines (SAVE.N) and Frontier Group Holdings Inc (ULCC.O) also lifted their mask mandates on Tuesday. Major carriers including American Airlines (AAL.O), United Airlines (UAL.O) and Delta Air Lines (DAL.N) relaxed curbs following the announcement.

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