Catering group Sodexo targets operating margin above 6% in 2025 – Reuters

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  • Sees working revenue margin rising to over 6% in 2025
  • Sees pure gross sales progress of 6-8% in 2024-2025
  • Think about meals service, and revenue and rewards enterprise

Nov 2 (Reuters) – Sodexo (EXHO.PA) expects its working revenue margin to rise to over 6% in 2025 as extra corporations outsource their catering wants and the French meals providers group increases its vouchers enterprise.

The agency delivered a 5% margin in its final fiscal yr and final week forecast An enhance To 5.5% for 2022-2023.

Sodexo, presenting its 2025 stpricegy, said on Wednesday It’d notably look to increase its Advantages and Rewards (B&R) enterprise as corporations search extra methods to retain staff in tight labour markets and greater flexibility as a …….

Source: https://news.google.com/__i/rss/rd/articles/CBMiaGh0dHBzOi8vd3d3LnJldXRlcnMuY29tL2J1c2luZXNzL2NhdGVyaW5nLWdyb3VwLXNvZGV4by10YXJnZXRzLW9wZXJhdGluZy1tYXJnaW4tYWJvdmUtNi0yMDI1LTIwMjItMTEtMDIv0gEA?oc=5