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Sodexo SA (EXHO.PA)

EXHO.PA on Paris Stock Exchange

83.96EUR
18 May 2018
Change (% chg)

€1.06 (+1.28%)
Prev Close
€82.90
Open
€82.90
Day's High
€83.96
Day's Low
€82.70
Volume
312,936
Avg. Vol
421,825
52-wk High
€123.60
52-wk Low
€76.00

Latest Key Developments (Source: Significant Developments)

Controlling Bellon family to beef up Sodexo's stake
Monday, 16 Apr 2018 

April 16 (Reuters) - BELLON SA STATEMENT::BELLON SA, CONTROLLED BY MR. PIERRE BELLON AND HIS FOUR CHILDREN, WOULD LIKE TO REINFORCE ITS PARTICIPATION IN SODEXO AND HAS MANDATED A BANK TO PURCHASE 1,350,000 SODEXO SHARES BY 30 MAY 2018..BELLON SA, the animating holding company and controlling shareholder of SODEXO, currently holds 40.38 pct of the capital and 55.81 pct of the voting rights of SODEXO..FOLLOWING THIS SHARE PURCHASE, BELLON SA WILL HOLD 41.27 % OF THE CAPITAL AND 56.08% OF THE VOTING RIGHTS OF SODEXO.  Full Article

Sodexo CEO cautious on medium-term guidance
Thursday, 12 Apr 2018 

April 12 (Reuters) - Sodexo CEO Denis Machuel tells a call with journalits::CEO SAYS AT THIS STAGE THERE IS NO STRUCTURAL REASON TO ABANDON MEDIUM-TERM GUIDANCE BUT REMAINS CAUTIOUS.SODEXO TO HOLD CAPITAL MARKET DAY ON SEPT 6, LIKELY TO DISCUSS GUIDANCE THEN.  Full Article

Sodexo keeps medium-term sales growth goal - CEO
Thursday, 29 Mar 2018 

March 29 (Reuters) - Sodexo : CEO Denis Machuel tells a conference call with analysts::CEO SAYS "WE WILL IMPROVE MARGINS AS WE MOVE ON", ADJUSTING OUR COST BASE WILL DELIVER PROGRESS IN MARGINS AND REVENUE.CEO SAYS THE LEVEL OF MARGIN WE ARE GUIDING ON FOR FY 2018 IS NOT THE NEW NORM, WE WILL STRIVE TO IMPROVE IT.CEO SAYS REVENUE DECLINE IN NORTH AMERICA TO CONTINUE IN H2 THOUGH AT LOWER RATE THAN IN H1.CEO SAYS SLOWER THAN ANTICIPATED CONVERSION OF PIPELINE OPPORTUNITIES IN NEW CONTRACT WINS ALSO TO WEIGH ON TOP LINE GROWTH AND MARGINS IN H2.CEO SAYS GROUP WILL CONTINUE TO MAKE ACQUISITIONS TO REINFORCE BUSINESS, NOTABLY IN FOOD.CEO SAYS NOT REVISING MEDIUM-TERM GUIDANCE OF 4-7 PERCENT REVENUE GROWTH. THE MEDIUM TERM TARGET IS FOR AVERAGE ANNUAL REVENUE, EXCLUDING CURRENCY EFFECT .  Full Article

Sodexo And Huawei Sign Global Partnership Agreement‍​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - SODEXO ::SODEXO AND HUAWEI SIGN GLOBAL PARTNERSHIP AGREEMENT‍​.AGREEMENT OPENS DOOR TO SODEXO PROVIDING HUAWEI WITH INTEGRATED FACILITIES MANAGEMENT SERVICES ON GLOBAL SCALE.  Full Article

Sodexo buys Australian company Morris Corporation
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Sodexo Sa ::* Sodexo announces the acquisition of the contracts and certain assets of the Morris Corporation business..* Morris Corporation had 2017 group revenues of AU$152 million/100 million euros.* Morris Corporation currently provides catering, facilities management and maintenance services for major mining and oil & gas firms in Australia.* Acquisition will significantly expand Sodexo's market share in Australia, reinforcing the company's number one position in the mining sector, and building on its track record as a provider of industry-leading integrated facilities management services.* Following the acquisition, the current management team of Morris and its 1,200 employees will transfer to Sodexo..  Full Article

Sodexo expects negative Q4 in Britain
Friday, 8 Jul 2016 

Sodexo SA CFO Marc Rolland tells analysts: Expects negative Q4 in Britain due to lack of contract ramp-ups. .However says pipeline remains strong in Britain, not worried over Britain.  Full Article

Sodexo partners with Tapingo
Tuesday, 7 Jun 2016 

Sodexo SA :Partners with Tapingo to expand mobile capabilities at North American colleges and universities.  Full Article

UPDATE 2-Elior cuts FY guidance on tough competition, shares slump

May 16 Elior, Europe's third-largest catering group, cut full-year guidance after posting lower-than-expected preliminary first-half results due partly to tough competition in contract catering in France, sending its shares plunging by 14 percent.