Fiscal 2020 Results: Sodexo effectively manages through an unprecedented crisis, confident in its business model for the future
29 oktober 2020
At the Board of Directors meeting held on October 28, 2020 and chaired by Sophie Bellon, the Board closed the Consolidated and Company accounts for the fiscal year ended August 31, 2020.
- Fiscal 2020 Revenue organic growth of -12%, of which +3.2% in H1 and -27.5% in H2
- Better than expected Q4 organic growth at -24.9% relative to hypotheses of -27%
- H2 Underlying Operating profit flow-through of 21.2%, at constant rates, within expected range
- Strong H2 positive Free cashflow despite the crisis