Sodexo Sa · EURONEXT:SW
Sodexo Sa — Q1 2026 Earnings Presentation
12 slides from Sodexo Sa's earnings presentation, Jan 8, 2026
Slide 1: Q1 Revenues Fiscal 2026
Q1 Revenues Fiscal 2026 January 8, 2026
Slide 2: Q1 revenues Fiscal 2026 highlights
01 Q1 revenues Fiscal 2026 highlights Q1 Organic Growth at +1.8%, in line with expectations Organic growth Sodexo Q1 Revenues 46% North America -1.5% of FY 2025 €6,260m revenues -2.2% Currency effect Scope Change 36% -4.0% —% Europe +2.4% of FY 2025 revenues Organic growth +1.8% 18% Rest of the Worl
Slide 3: Investing in our foundation for long-term growth
02 Outlook Investing in our foundation for long-term growth Supply chain Sales & Marketing management Digital & IT foundations Global Business Services Q1 Revenues Fiscal 2026 - January 8, 2026 © Sodexo 2026. All rights Reserved 3
Slide 4: Reiterating Fiscal 2026 guidance
02 Outlook Reiterating Fiscal 2026 guidance • Organic revenue growth to be between +1.5% and +2.5% • Minimum +2% contribution from pricing, • Neutral to moderate contribution from both like-for-like volume and net new business, • A one-off reclassification triggered by the renewal of a large contrac
Slide 5: Safety moment / Q&A
Q1 Revenues Safety Fiscal 2026 moment Q&A Q1 Revenues Fiscal 2026 - January 8, 2026 © Sodexo 2026. All rights Reserved 5
Slide 6: Appendices
Q1 Revenues Fiscal 2026 Appendices Q1 Revenues Fiscal 2026 - January 8, 2026 © Sodexo 2026. All rights Reserved 6
Slide 7: Q1 Fiscal 2026 Revenue breakdown
04 Appendix 1 Q1 Fiscal 2026 Revenue breakdown REVENUES BY REGION (in million euros) Q1 2026 Q1 2025 Organic Growth External Growth Currency Effect Total Growth North America 2,896 3,099 -1.5% +0.7% -5.8% -6.5% Europe 2,253 2,221 +2.4% +0.1% -1.1% +1.4% Rest of the World 1,111 1,083 +10.2% -2.4% -5.
Slide 8: Q1 Fiscal 2026 exchange rates
04 Appendix 2 Q1 Fiscal 2026 exchange rates Average rate Closing rate Average rate Average rate Q1 26 Closing rate Closing rate 11/30/25 1€ = Q1 26 Q1 25 vs. Q1 25 at 11/30/2025 at 08/31/2025 vs. 08/31/25 U.S. Dollar 1.164 1.097 -5.7% 1.157 1.166 +0.8% Pound Sterling 0.875 0.837 -4.4% 0.875 0.867 -1
Slide 9: Modelling details for FY2026
04 Appendix 3 Modelling details for FY2026 (At constant exchange rates) Scope change effect Other income Net financial Tax rate on Fiscal 2026 and expenses expenses revenues ~ -€200m ~ €140m c.27% ~+0.5% Q1 Revenues Fiscal 2026 - January 8, 2026 © Sodexo 2026. All rights Reserved 9
Slide 10: Alternative Performance Measure - Definitions
04 Appendix 4 Alternative Performance Measure - Definitions Organic growth Underlying operating margin Organic growth corresponds to the increase in revenue for a given period Underlying operating profit margin corresponds to Underlying Operating (the "current period") compared to the revenue report
Slide 11: Investor calendar
04 Appendix 5 Investor calendar IR contacts Juliette Klein — Head of IR juliette.klein@sodexo.com Alina Cazacu — ESG IR Lead April 10, 2026 Sodexo H1 2026 results alina.cazacu@sodexo.com July 2, 2026 Sodexo Q3 2026 revenues Paul Deschamps — IR Manager paul.deschamps@sodexo.com October 23, 2026 Sodex
Slide 12: Sodexo key figures
04 Appendix 6 Sodexo key figures As of August 31, 2025 ▬ Founded in 1966 by Pierre Bellon ▬ As at Aug. 31, 2025, Bellon SA holds 43.8% of capital (58.8% of voting rights) €24.1bn revenues ▬ Our purpose is to create a better everyday for everyone to build a better life for all 426,000 employees 80 mi