French food service company Sodexo, which will provide meals at this summer's Paris Olympics, reported on Thursday that profits rose more than 15% last year and said it expects healthy growth in 2024.
The world's largest company, which serves meals in company cafeterias and school cafeterias, said it expects sales to expand at the “high end” of the range of 6 to 8 percent, driven by new customers and higher prices. service.
Net…
French food service company Sodexo, which will provide meals at this summer's Paris Olympics, reported on Thursday that profits rose more than 15% last year and said it expects healthy growth in 2024.
The world's largest company, which serves meals in company cafeterias and school cafeterias, said it expects sales to expand at the “high end” of the range of 6 to 8 percent, driven by new customers and higher prices. service.
The company said in a communiqué that net profit rose 15.4% last year to 427 million euros ($460 million), and sales rose 4.5% to 12.1 billion euros.
CEO Sophie Bellon said on a conference call with journalists that companies are looking to improve food offerings to improve Sodexo as a strategy to bring employees back to the office after the COVID-19 pandemic. said he has been helped.
“Even if there are still many remote workers, companies absolutely want their employees back in person and are prepared to provide them with premium services,” she said.
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Sodexo said its recruitment efforts for the Summer Olympics are almost complete. The company plans to hire 6,000 people for the competition, and says it has filled 85% of the positions with a mix of internal and external candidates.
Approximately 1,000 people will work in the Olympic Village every day, and Sodexo will provide up to 40,000 meals a day. The competition will be held from July 26th to August 11th, with the Paralympics to follow.
Sodexo shares rose 2.4% on the Paris stock market.
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