Sodexo reports strong business growth in Fiscal 2023

Sodexo’s Full Year Group Results for Fiscal 2023 report a “strong performance” which was above guidance and progressively updated during the year.Organic revenue growth at +11.6%, compared to revised guidance of close to +11%;
Underlying operating profit margin at 5.6%, compared to revised guidance at 5.5%, at constant rates;
Underlying Group net profit reached 908 million euros; and
Net debt fell to 1.1 billion euros as a result of positive cashflow.Sodexo Chairwoman and CEO S