Sodexo First half Fiscal 2025 estimates and full year guidance update
First half organic revenue growth of +3.5% and underlying operating profit up +6.4% at constant currencies, margin up +10bps
Update to full year guidance mainly triggered by slower than expected organic growth in North America :
- Organic revenue growth between +3% and +4% (from between +5.5% and +6.5%)
- Underlying operating profit margin improvement between +10 to + 20 bps, at constant currencies (from +30 to +40 bps)