Sodexo announced revenues for the first quarter of Fiscal 2013, ended November 30, 2012.
Sodexo benefits from its extensive global network and strong leadership in emerging economies
Organic growth was + 2.1%; excluding the positive impact of the Rugby World Cup in Q1 Fiscal 2012, organic growth would have been + 3.3%
Commenting on the figures,Sodexo CEO Michel Landel said:
"The relevance of our integrated Quality of Life services offer, our leadership in emerging markets and the breadth of our global network have continued to drive Sodexo’s growth during the first quarter. With these strengths, we are confident in our ability to seize growth opportunities in our markets, even if in the short term Sodexo’s organic growth is likely to be modest given the current economic environment, particularly in Europe.”
To read the full version of the press release, please download the PDF.