Sodexo Q1 Fiscal 2025 Revenues: a soft start to the year, as expected
— Organic revenue growth of +4.6%, with Food services at +5.7%
— Underlying Organic revenue growth of +4.9%1
— Fiscal 2025 guidance maintained
Sodexo announces the completion of the sale of Sofinsod for € 918 million and the payment of a special interim dividend
- Sale by Sodexo of Sofinsod to Bellon SA for €918 million, enabling the simplification of Sodexo's shareholder structure and the monetization of an illiquid asset
- All proceeds from the sale will be distributed in the form of a special interim dividend of €6.24 per share
- The ex-dividend date will be August 27, 2024. The record date will be August 28, 2024. The special interim dividend will be paid on August 29, 2024.
Associated contents
Sodexo: strong financial delivery in Fiscal 2024
— Organic revenue growth +7.9%
— Underlying operating profit +16% at constant currencies, margin up +40 bps at 4.7%
— Strong free cashflow resulting in a net debt/EBITDA ratio of 1.7x
— A proposed ordinary
Sodexo is pleased to announce the simplification of its ownership structure and payment of an interim dividend of €6.24 per share
- Sale of Sodexo's 100% owned subsidiary Sofinsod to Bellon SA for 918 million euros, simplifying the ownership structure of Sodexo, and monetizing an illiquid asset
- Distribution at the end of August 2024 of the sales proceeds to Sodexo shareholders, through an interim dividend of €6.24 per share