Sodexo launches its 2030 growth acceleration plan

Sodexo Group Finance
Jul. 16, 2026

Sodexo is hosting today its Investor Update in Paris, where Thierry Delaporte, Chief Executive Officer of Sodexo, and members of the management team will present Shift & Grow 2030, the Company’s roadmap focused on accelerating growth and restoring competitiveness, alongside the Group’s mid-term financial ambition.

Key highlights

Shift & Grow 2030, a clear execution framework to accelerate growth and restore competitiveness
Ambition to reach above +5% organic growth and above 5% operating margin by Fiscal 2030.
Client-first approach, supported by clearer focus across geographies, client segments and services, with North America as the primary growth priority.
Significant investment program to strengthen commercial capabilities, simplify the operating model and leverage technology to support growth and margin ambitions.
A two-phased roadmap, with Fiscal 2026 and Fiscal 2027 focused on rebuilding competitiveness, and Fiscal 2028 onwards focused on accelerating growth, expanding margin and improving ROCE.
Early progress already visible, including the recent award of a large global food services contract.
^{Further details in the separate press release issued today and available on}^sodexo.com

Sodexo is a business with tremendous strengths: leading positions in food and facilities management, a global footprint, an outstanding service culture and a deeply embedded purpose to positively impact its clients, people and society.
Shift & Grow 2030 is about reconnecting with the values and operating principles that have always defined Sodexo: client proximity, operational discipline, accountability and an entrepreneurial mindset. By executing them consistently, we will restore our competitiveness and unlock the full potential of the company.
Our ambition is clear. By 2030, we want Sodexo to be fully back in the game: competing with the best in our industry, delivering consistent growth, improving profitability in a disciplined way and becoming the partner of choice for our clients. The work is already underway and we are confident in our ability to deliver.

Thierry DelaporteChief Executive Officer of Sodexo

A growth acceleration plan driven by three pillars

The plan is designed to address the execution gaps that have held back the Group's performance through three pillars:

Rebuilding the growth engine by reinforcing client proximity, proactive account management and business development, disciplined price-to-win competitiveness and a dedicated large-client approach, leveraging Sodexo's distinctive position across both food and facilities management.
Simplifying and standardizing the operating model by making execution faster, more consistent and more scalable through operational excellence, organizational simplification and procurement at scale.
Reigniting a high-performance culture by strengthening leadership, performance management, incentives, talent and succession to drive greater accountability and better execution.

To enable its plan, Sodexo is investing decisively in tech, data and scaling digital and AI to support growth, productivity and decision-making.

Embedded in Shift & Grow 2030, sustainability and positive impact are core drivers of Sodexo’s client differentiation, supporting employee attractiveness and engagement and long-term value creation.

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A financial trajectory aligned with the execution plan

Fiscal 2026 and Fiscal 2027 focused on strengthening commercial capabilities, simplifying operations and accelerating investment.

For Fiscal 2027, Sodexo expects:
- Organic revenue growth of +2% to +3%;
- Underlying operating margin broadly in line with Fiscal 2026 guidance: between 3.2% and 3.4%, reflecting continued investment to strengthen capabilities and restore competitiveness.
From Fiscal 2028 onwards: acceleration phase with progressive benefits from these actions, supporting improved growth, profitability and returns.

For Fiscal 2030, Sodexo expects to deliver:
- Above +5% organic revenue growth, including net new business above +3%;
- Underlying operating margin above 5%.

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A disciplined capital allocation framework

Increased investment, including around 100 million euros of incremental annualized operating costs to sustainably strengthen commercial capabilities, together with approximately 1 billion euros of non-recurring investments across tech, procurement and organizational transformation over Fiscal 2026 to Fiscal 2030.
Capital expenditure of around 2.5% to 3.0% of revenue, to support the Group's commercial ambitions and productivity improvements while maintaining the Group's capital-light model.
A balanced shareholder return policy with a dividend payout ratio maintained at 50%, providing attractive shareholder returns while preserving the capacity to invest in the business.
Targeted bolt-on acquisitions, focused on strengthening capabilities, building scale in priority markets and enhancing long-term returns, while maintaining strict financial discipline.
A solid investment-grade financial policy, preserving financial flexibility throughout the transformation, supporting future investment opportunities and maintaining access to attractive financing conditions.

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Investor Update - Conference call and materials

A live webcast of the Investor Update, starting at 2:30 p.m. (Paris time), will be available on www.sodexo.com. Participants will also be able to ask questions during the Q&A session via the conference call.

To connect to the call, please dial in using the following telephone numbers:

From the UK: +44 1 212 818 004,
From the US: +1 718 705 8796,
From France: +33 1 70 91 87 04,

Followed by the access code 77 72 30.

The press release, presentation and replay will be available on the Group website www.sodexo.com in both the “Newsroom” section and the “Investors – Financial Results” section.

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