(Boursier.com) — During its ‘Capital Markets Day’, which is being held today, Sodexo will present its strategic plan for 2025 aimed at generating sustainable and profitable growth and creating value for its shareholders and the all of its stakeholders.
Sodexo’s strategy of refocusing and accelerating is based on 3 pillars:
-Refocus on catering services and be more selective in Facilities Management services;
– Accelerate the profitable growth of Benefits & Rewards Services;
-Strengthen the impact of the Group’s societal and environmental contribution.
The Board of Directors is convinced that by successfully executing this strategy, Sodexo will achieve:
For the 2023 financial year: +8 to +10% organic revenue growth and an operating margin close to 5.5% at constant exchange rates.
For fiscal years 2024 and 2025: +6 to +8% organic revenue growth and an operating margin above 6% in 2025.
Sodexo’s ambition is to be the world leader in sustainable food and high value-added experiences, at all stages of life: education, work, care and entertainment. Thanks to its strong global positions in the attractive Foodservices and Facilities Management markets, its constant focus on operational execution and a very solid balance sheet, Sodexo is well placed to achieve its ambition.
To implement this strategic plan, a tightly-knit Leadership Team will oversee a leaner and more efficient organization.
Sophie Bellon, Chairman and Chief Executive Officer of Sodexo said: “Fiscal year 2022 was a turning point. Sodexo strengthened its competitiveness and made significant progress against the priorities I had set when taking on the role of Chief Executive Officer. Today, with our strategy of refocusing and accelerating, and thanks to our constant attention to operational execution, we expect to continue to improve our performance in the years to come. Sodexo’s ability to achieve solid organic growth and an operating margin above 6%.Our people are essential to the success of this plan, and I would like to thank them for the excellent work they do on a daily basis to offer quality services to our customers and consumers. They contribute to our positive impact on society and in the territories where we operate. I am convinced that we are on the on track to achieve long-term profitable growth and be the world leader in sustainable food and high value-added experiences at all stages of life: education, work, care and entertainment”.
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