Slide 1: Q1 Revenues Fiscal 2025
Q1 Revenues Fiscal 2025 January 7, 2025 * sodexo
Slide 2: Summary
Summary 01 Q1 Revenues Fiscal 2025 02 Review of Operations 03 Outlook 04 Q&A 05 Figures have been prepared in thousands Appendices of euro and published in millions of euro Please refer to Appendix 4 for Alternative Performance Measure definitions Q1 Fiscal 2025 Revenues - January 7, 2025 2
Slide 3: Q1 Fiscal 2025 Revenues
Q1 Fiscal 2025 Revenues - January 7, 2025 3
Slide 4: Q1 Organic Revenue Growth at +4.6%, Food services at +5.7%
01 Q1 revenues First-half Fiscal Fiscal 20242025 highlights Q1 Organic Revenue Growth at +4.6%, Food services at +5.7% Sodexo Q1 Revenue North America +5.9% €6,403m +1.9% Currency effect Scope Change -2.0% -0.8% Europe +2.0% +2.7% excl. RWC & Paralympics Organic growth +4.6% +4.9% excl. RWC & Paraly
Slide 5: Strong commercial momentum
01 Q1 revenues First-half Fiscal Fiscal 20242025 highlights Strong commercial momentum Sodexo endorsed as the preferred partner by Rio Tinto Iron Ore STH, a Sodexo Live! company, to work with World Rugby (RTIO) for co-designing of RTIO’s next Integrated Facilities on delivering innovative premium ex
Slide 6: Review of Operations
Q1 Fiscal 2025 Revenues - January 7, 2025 6
Slide 7: North America Q1 Revenues and Organic Growth
03 Review of Operations 02 North America Q1 Revenues and Organic Growth 47% of FY24 Revenues North America €3,099m +5.9% Business & Healthcare Sodexo Live! Education Administrations & Seniors Restated Organic Growth +9.0% +24.8% -0.8% +4.3% • Positive impact from new business • Elevated attendance a
Slide 8: Europe Q1 Revenues and Organic Growth
03 Review of Operations 02 Europe Q1 Revenues and Organic Growth 35% of FY24 Revenues +2.7% excl. Paralympics Europe €2,221m +2.0% & RWC Business & Healthcare Sodexo Live! Education Administrations & Seniors Restated +0.4% Organic Growth +1.2% -6.9% excl. Paralympics & RWC +3.0% +7.4% • Price revisi
Slide 9: Rest of the World Q1 Revenues and Organic Growth
03 Review of Operations 02 Rest of the World Q1 Revenues and Organic Growth 18% of FY24 Revenues Rest of the World €1,083m +6.4% Business & Healthcare Sodexo Live! Education Administrations & Seniors Restated Organic Growth +6.0% +23.5% +10.8% +6.8% • Strong growth in India and • Opening of new airl
Slide 10: Outlook
Q1 Fiscal 2025 Revenues - January 7, 2025 10
Slide 11: Fiscal 2025 guidance maintained
04 Outlook Fiscal 2025 guidance maintained Organic Growth +5.5% to +6.5% UOP Margin +30 to +40 basis points at constant currencies Q1 Fiscal 2025 Revenues - January 7, 2025 11
Slide 12: Q&A
Q1 Fiscal 2025 Revenues - January 7, 2025 12
Slide 13: Appendices
Q1 Fiscal 2025 Revenues - January 7, 2025 13
Slide 14: Q1 Fiscal 2025 Revenue breakdown
05 06 Appendix 1 Q1 Fiscal 2025 Revenue breakdown REVENUES BY ZONE (in million euros) Q1 2025 Q1 2024 Organic Growth External Growth Currency Effect Total Growth North America 3,099 3,030 +5.9% -1.0% -2.6% +2.3% (1) Europe 2,221 2,196 +2.0% -1.6% +0.7% +1.1% Rest of the World 1,083 1,061 +6.4% +1.6%
Slide 15: Q1 Fiscal 2025 exchange rates
05 06 Appendix 2 Q1 Fiscal 2025 exchange rates Average rate Closing rate Closing rate Closing rate Average rate Average rate Q1 25 Q1 25 FY 24 11/30/24 1€ = Q1 25 Q1 24 vs. Q1 24 at 11/30/2024 at 08/31/2024 vs. 08/31/24 U.S. Dollar 1.097 1.070 -2.4% 1.056 1.109 +5.0% Pound Sterling 0.837 0.866 +3.5%
Slide 16: Modelling details for FY2025
06 Appendix 3 Modelling details for FY2025 (At constant exchange rates) Scope change effect on Other income Net financial Tax rate Fiscal 2025 revenues and expenses expenses ~-0.5% ~ €-130m ~ €100m c.27% Q1 Fiscal 2025 Revenues - January 7, 2025 16
Slide 17: Alternative Performance Measure - Definitions
05 06 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 profit (the "current period") compared to the reve
Slide 18: Inter-segment restatements
06 Appendix 5 Inter-segment restatements As part of the streamlining of the organization, from Fiscal 2024, some contracts or operations have been reallocated between segments. Restated revenue breakdown for Fiscal 2024: Revenues (in million euros) Fiscal 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Publish
Slide 19: Financial calendar
06 Appendix 6 05 Financial calendar April 4, 2025 July 1, 2025 October 24, 2025 Fiscal 2025 Fiscal 2025 Fiscal 2025 H1 Results Q3 Revenue Results These dates are purely indicative and are subject to change without notice. Regular updates are available in the calendar on our website www.sodexo.com Q1
Slide 20: Sodexo key figures
06 Appendix 7 05 Sodexo key figures As of August 31, 2024 ▬ Founded in 1966 by Pierre Bellon ▬ As at 08/31/2024, Bellon SA holds 42.8% of capital (58.0% of voting rights) €23.8bn revenues ▬ Our purpose is to create a better everyday for everyone to build a better life for all 423,000 employees 80 mi
Slide 21: Investor relations contacts
06 Appendix 8 05 Investor relations contacts Head of Investor Relations ESG Investor Relations Engagement Lead ▬ Juliette KLEIN ▬ Alina CAZACU Tel: + 33 1 57 75 80 27 Tel: + 33 1 57 75 83 11 juliette.klein@sodexo.com alina.cazacu@sodexo.com Investor & Analyst Coordination Investor Relations Manager