(Specifies in the last paragraph that it is Pluxee which is organizing an investors day on January 10)
Sodexo EXHO.PA reported on Friday organic growth in its turnover of 8.2% in the first quarter of its 2023-2024 financial year thanks to price increases and new contracts.
Over this period, turnover amounted to 6.287 billion euros, up 3.1% in published data.
This figure does not include the contribution of the Pluxee benefits division, which is due to go public on February 1.
“The Pluxee spin-off project is progressing well,” commented the group’s CEO, Sophie Bellon, in a press release.
Sodexo confirmed its financial targets for the full year, namely organic revenue growth of between 6% and 8% and an operating margin up 30 to 40 basis points at constant rates. .
Pluxee is holding an investor day on January 10 to present its growth prospects.
(Written by Blandine Hénault, with Olivier Sorgho in Gdansk)