Sodexo: Solid revenue growth in Fiscal 2019
07 november 2019
At the Board of Directors meeting held on November 6, 2019 and chaired by Sophie Bellon, the Board closed the Consolidated and Company accounts for the fiscal year ended August 31, 2019.
- Revenue growth of +7.6%
- Organic growth revitalized and above guidance at +3.6%
- Underlying Operating Margin stable, in line with objectives
- Strong cash conversion1 at 136%
- Fiscal 2020 Guidance: Around 4% organic growth and stable Underlying operating margin, excluding impact of currencies and IFRS 16 implementation