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2016-01-13

Sodexo: a dynamic first quarter Fiscal 2016, in line with full year objectives

* Revenues up +9.6%, including organic growth of +4.7% * On-site Services:
+4.7% organic growth * Rugby World Cup contribution accounting for half of
the Q1 organic growth, * Acceleration of growth in Health Care and Seniors
in North America, * Good momentum in integrated services contracts won by
the Corporate Services segment in 2015 partly offset by a sharp slowdown in
the oil and mining sectors. * Benefits and Rewards Services: +5.3% organic
growth * Sustained performance reflecting solid sales development and
despite the economic slowdown in Latin America, and more particularly in
Brazil.
* Sodexo confirms its Fiscal 2016 objectives of around +3% organic revenue
growth and growth in operating profit of around +8% at constant exchange
rates and before exceptional items.

Revenues by activity and region
---------------------------------------------------------------------------------------------------------------
| Revenues Q1 Fiscal 2016 Q1 Fiscal 2015 Organic Changes Currency Total |
| |
| in scope of effect |
|(in millions of euro) growth consolidation change |
| North America 2,434 2,082 +2.9% +0.1% +13.9% +16.9% |
| Continental Europe 1,509 1,513 +1.0% -0.4% -0.9% -0.3% |
| Rest of the World 806 891 -4.2% -5.4% -9.6% |
| United Kingdom and Ireland 639 400 +47.6% +1.2% +11.1% +59.9% |
| Total On-site Services 5,388 4,886 +4.7% +5.6% +10.3% |
| Total Benefits and Rewards 186 198 +5.3% +3.1% -14.4% -6.0% |
| |
| |
|Services |
| Elimination of intra-group revenues (1) (1) |
| TOTAL GROUP 5,573 5,083 +4.7% +0.1% +4.8% +9.6% |
---------------------------------------------------------------------------------------------------------------
Issy-les-Moulineaux, January 13, 2016 -
Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY), world leader in Quality
of Life Services, today reported its revenues for the first quarter of Fiscal
2016, which ended on November 30, 2015.

Commenting on these figures, Sodexo CEO Michel Landel said:

"First-quarter revenue growth reflected the substantial contribution of the
Rugby World Cup contract, an acceleration of growth in the Health Care and
Seniors segment in the United States and good momentum in the Corporate
Services segment throughout the world. These positive effects, combined with
growing demand for our Quality of Life Services offer in most regions, helped
limit the impact of the tougher trading environment in the oil and mining
sectors and the economic slowdown in Latin America. As a result, we confirm
our Fiscal 2016 objectives."
Analysis of the Group's organic growth

------------------------------------------------------------
| (in millions of euro) Q1 Q1 Fiscal Organic |
| Fiscal |
| 2016 2015 |
| growth |
| Corporate 2,689 2,471 +7.5% |
| Health Care and Seniors 1,253 1,122 +2.7% |
| Education 1,446 1,293 +1.2% |
| Total On-site Services 5,388 4,886 +4.7% |
| Benefits and Rewards Services 186 198 +5.3% |
| Eliminations (1) (1) |
| TOTAL GROUP 5,573 5,083 +4.7% |
------------------------------------------------------------

Consolidated revenues for the first quarter of Fiscal 2016 amounted to 5.6
billion euro, an increase of +9.6% over the year-earlier period including
organic growth of +4.7%. Changes in the scope of consolidation had a positive
impact of +0.1%.

The overall currency effect was a positive +4.8%, reflecting gains of +14.6%
for the U.S. dollar and +8.5% for the British pound sterling which had a
favorable impact on revenues and offset the significant -28% decline in the
Brazilian real as well as the more modest falls of -2.1% in the Chilean peso
and -7.7% in the Australian dollar.

On-site Services
* On-site Services revenues totaled 5.4 billion euro. Organic growth for the
quarter was+4.7% , half of which represented the contribution of the Rugby
World Cup contract. Organic growth also reflected the success of Sodexo's
integrated services offer and its strategic positioning in Quality of Life
Services, with growth remaining stronger in facilities management services
(+9.7% in the first quarter) and, on the contrary, sharply lower Remote
Site revenues.

Organic growth in theCorporate Services
segment amounted to+7.5%
, reflecting several different trends:

* The substantial contribution from the contract to provide hospitality
services for the Rugby World Cup that took place in England in September
and October 2015 of 131 million euro of revenues. This event alone
accounted for about two-thirds of the increase in Corporate Services
revenues.
* The ramp-up of the Justice segment contracts in the United Kingdom that
were launched in February 2015.
* A significantly more challenging environment in the oil and mining sectors,
with in particular the loss of several mining contracts in Chile. Apart
from Remote Sites, however, business development momentum remained strong
in the Rest of the World region.

The+2.7%
organic growth inHealth Care and Seniors
reflected acceleration in North America and solid business development in the
United Kingdom and the Rest of the World region. Business development
remained limited, however, in Continental Europe, particularly France.

The+1.2%
organic growth inEducation
was led by new contracts in emerging markets and in Continental Europe.
Business development in North America remained slow in the first quarter.

Benefits and Rewards Services
Organic growth
inBenefits and Rewards Services
revenues was+5.3%
. The main growth drivers were:

* Sustained activity inLatin America due to good sales momentum in Brazil,
offsetting a decline in the number of beneficiaries under existing
contracts. Organic growth was+8.9% , reflecting increased face values and
high interest rates.
* +1.1% growth inEurope andAsia , led by advances in Turkey and Central
Europe and modest growth in Western Europe.

Financial position

There were no material changes in the Group's financial position as of
November 30, 2015 relative to that presented in the Fiscal 2015 Registration
Document published on November 20, 2015.

Fiscal 2016 objectives

As indicated last November, Sodexo's objectives for Fiscal 2016 are:

* Organic revenue growth of around 3%;
* An increase in operating profit of around 8% excluding currency effects and
before exceptional items relating to the adaptation and simplification
plan.

Financial calendar--------------------------------------------------------------
| Annual Shareholders' Meeting January 26, 2016 |
| Ex-dividend date February 8, 2016 |
| Dividend record date February 9, 2016 |
| Payment of the Fiscal 2015 dividend February 10, 2016 |
| Half-year interim results - Fiscal 2016 April 14, 2016 |
| Nine month revenues - Fiscal 2016 July 8, 2016 |
| Annual results - Fiscal 2016 November 17, 2016 |
--------------------------------------------------------------
Conference callSodexo will hold a conference call (in English) today at 8:30 a.m.
(Paris time), to comment on revenues for the first quarter of Fiscal 2016.
Those who wish to connect may dial +44 (0)1452 555 566 (from outside France)
or 01 76 74 24 28 (from within France), followed by the pass code 52 17 364.
The presentation can also be followed via live webcast on the Group
website,www.sodexo.com, in the "Finance - Financial Results" section.

The
press release, presentation and webcast will be available on the Group website
www.sodexo.com
under both the "Latest News" section and the "Finance - Financial Results"
section. A recording of the conference will be available until January 27 by
dialing +44 (0)1452 550 000, followed by the pass code 52 17 364.

About Sodexo

Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in
services that improve Quality of Life, an essential factor in individual and
organizational performance. Operating in 80 countries, Sodexo serves 75
million consumers each day through its unique combination of On-site
Services, Benefits and Rewards Services and Personal and Home Services.
Through its more than 100 services, Sodexo provides clients an integrated
offering developed over more than 50 years of experience: from foodservices,
reception, maintenance and cleaning, to facilities and equipment management;
from Meal Pass, Gift Pass and Mobility Pass benefits for employees to in-home
assistance and concierge services. Sodexo's success and performance are
founded on its independence, its sustainable business model and its ability
to continuously develop and engage its 420,000 employees throughout the
world.

----------------------------------------------------
| Key figures |
|(as of August 31, 2015) |
|19.8 billion |
|euro consolidated revenues |
|420,000 |
|employees |
|19th |
|largest employer worldwide |
|80 |
|countries |
|32,000 |
|sites |
|75 million |
|consumers served daily |
|14 bil...

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