S&P raises outlook for Sodexo’s BBB+ rating to “stable”


SODEXO

S&P Raises Sodexo’s BBB+ Rating Outlook to Stable | Photo credits: Sodexo Group Media Library / Philipe PEREZ CASTANO

PARIS (Agefi-Dow Jones)–S&P Global Ratings on Wednesday raised the outlook for the “BBB+” rating of the collective catering group Sodexo from “negative” to “stable”. For the financial rating agency, “Sodexo’s good performance continued in the third quarter of the 2021-2022 financial year and the easing of health restrictions in most markets supports the revision of the outlook”. Sodexo reported last week that its third-quarter revenue, which ended at the end of May, reached 5.52 billion euros, an increase over one year of 23.2% in reported data and 18.3% in internal data. , i.e. excluding currency and scope effects. ([email protected]) ed: VLV

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

July 06, 2022 08:10 ET (12:10 GMT)





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