By Reuters Staff
2 Min Read
(Reuters) -Sodexo said on Thursday it expects its second-half revenue to expand after the French catering and food services group reported a large beat on its first-half profit margin.
FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. REUTERS/Gonzalo Fuentes
The Paris-based firm, whose clients range from England’s Royal Ascot Racecourse to the U.S. Marine Corps, forecast an organic growth ranging between 10% and 15% for the six-month period through August 2021, hoping to see rapid recovery once vaccination rollouts are fully deployed.
European stocks enter new quarter with small gains European chip companies including ASML, ASMI and Infineon Technologies, rise
about 2 hours ago
The pan-European STOXX 600 index rose 0.2 per cent in early trading, hovering just 3 points below its all-time high
European stocks kicked off the new quarter with small gains on Thursday, as optimism around a new US government spending plan eclipsed concerns of another Covid-19 wave with France imposing a third national lockdown.
The pan-European STOXX 600 index rose 0.2 per cent in early trading, hovering just 3 points below its all-time high. The benchmark ended the first quarter with a 7. per cent rise - its fourth straight quarter of gains.
Sodexo First Half Fiscal 2021 Results: rebound in profitability and strong free cashflow Improving organic revenue trend quarter by quarter, at -21.7% for H1
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Sodexo SA: Sodexo announces the departure of its Chief People Officer
Paris, March 17, 2021
Sodexo, world leader in Quality of Life services, announces the departure in May of Cathy Desquesses, Chief People Officer, who has decided to leave Sodexo to pursue her career in a different country and industry.
During her time with the Group, Cathy Desquesses has made a significant contribution to the development of the Human Resources function, bringing her considerable experience in developing global talent pipelines, enhancing culture and implementing human resources strategies to support business growth.
The Group thanks Cathy for her contribution and will announce her replacement in due course.