Sodexo: 46% increase in adjusted net income for 1st half of the year
At 12.1 billion euros, sales rose by 4.5% overall and 8.5% organically, half of which was driven by higher prices, the other half by the contribution of new contracts and higher volumes on existing sites.
For the current fiscal year, Sodexo now anticipates organic sales growth at the top end of the +6 to +8% range, and confirms that it expects to increase its operating margin by between +30 and +40 basis points at constant exchange rates.
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