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Sodexo's Quality of Life services offering strengthens long-term growth
9/17/2009
Paris - In a briefing today in Paris for the investment community, Sodexo (NYSE Euronext Paris FR0000121220 - SW OTC: SDXAY) presented its comprehensive offering for Quality of Life services.
Reinforcing its competitive advantage, Sodexo acts as a strategic partner in providing clients:
- On-site Service Solutions (previously called " Food and Facilities Management services”)
- Motivation Solutions (previously called "Service Vouchers and Cards”)
These solutions, designed, managed and delivered by Sodexo, enable clients to enhance their performance through improved employee motivation, organizational efficiency and infrastructure optimization.
Sodexo CEO Michel Landel commented, "Sodexo is most definitely a growth company with a unique positioning. Sodexo teams are the only ones who can propose an extensive, comprehensive and integrated offer. By effectively assisting in creating value for our clients, we help them to achieve their own strategic objectives. The global economic crisis is providing opportunities to further develop our service offering, without any change to our business model. We are in markets with strong potential. For these reasons, we are reaffirming our objective over the mid-term to generate average annual revenue growth of 7% and to reach an operating margin of 6%. Our financial model is, and will continue to be, a key strength enabling us to invest for the long-term and to reinforce our global leadership in Quality of Life services."
Download the Investor Day presentation
Financial communication calendar
- Fiscal 2009 annual results: Tuesday, November 10, 2009 at 7:00 a.m. (Paris time). An analyst briefing and press conference will be held the same day.
- Fiscal 2010 first quarter revenue will be published January 6, 2010
- The General Assembly of Shareholders will be held January 25, 2010
About Sodexo
Quality of Life in the service of performance
Quality of Life services play an important role in organizational performance. Based on this conviction, Sodexo serves as the strategic partner for companies, institutions and local authorities who place a premium on performance, as it has since Pierre Bellon founded the company in 1966. Sharing the same passion for service, Sodexo's 355,000 employees, in 80 countries around the world, design, manage and deliver an unrivalled array of comprehensive On-Site Service Solutions and Motivation Solutions. In this, Sodexo has invented a new form of service business that promotes the fulfillment of our employees and contributes to the economic, social and environmental development of the local communities with which we work.
Sodexo key figures (as of August 31, 2008)
- 13.6 billion euro consolidated revenue
- 355,000 employees
- 30,600 sites
- 50 million consumers served daily
- 80 countries
- 6.5 billion euro market capitalization (on September 17, 2009)
