FX.co ★ Sodexo Q3 Revenue Improves

Sodexo S.A. (SDXAY.PK), the French food services and facilities management company, reported an increase in third-quarter revenue, bolstered by growth across nearly all regions, with North America showing particularly strong performance.

Sophie Bellon, CEO of Sodexo, commented, "Our commercial momentum in food services remains robust, driven by ongoing first-time outsourcing opportunities, the adoption of new operating models, and the quality of our branded offerings."

In detail, the company posted a third-quarter revenue of 6.074 billion euros, a rise from the 5.755 billion euros recorded in the same period last year.

Revenue from North America surged to 2.904 billion euros, up from 2.658 billion euros in the previous year.

Looking forward, Sodexo reaffirmed its annual guidance, anticipating organic revenue growth to be at the top of the projected 6 percent to 8 percent range for the full year.