Sodexo raises full-year revenue target after stronger-than-expected quarter
Sodexo raises full-year revenue target after stronger-than-expected quarter
Thu, July 2, 2026 at 5:07 AM UTC
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July 2 (Reuters) - French food caterer Sodexo raised its full-year organic revenue growth forecast on Thursday, citing stronger-than-expected third-quarter performance.
It now expects organic revenue growth between 1.2% and 1.5%, instead of its previous projection of 0.5% to 1%.
Sodexo's revenue rose 2% to €6.17 billion ($7.03 billion) in the third quarter, surpassing the €6.04 billion expected in a company-compiled consensus.
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The group lowered its sales growth forecasts in April to 1.5% to 2.5% at the start of the fiscal year.
($1 = 0.8783 euros)
(Reporting by Lucie Barbier and Mathias de Rozario; Editing by Sonia Cheema)
Source: “AOL Money”
