Sodexo S/Adr (SDXAY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, thank you for standing by and welcome to the Sodexo's Q3 fiscal 2025 revenues presentation. After the presentation, there will be an opportunity to ask questions by pressing star and one at any time. I advise you that the conference is being recorded today on July 1st, 2025. At this time, I would like to hand the conference over to the Sodexo team. Please go ahead. Good morning, everyone, and thank you for joining us today. I'm Juliette Klein, Head of Investor Relations, and I'm pleased to welcome you to our Q3 Fiscal 2025 Revenue Score. On the call today is CFO Sébastien Depremadur to take us through the presentation. After Sébastien's remark, we will open the line to take your questions. We ask you to please limit yourselves to two questions and one follow-up. The slides and the press release are available on Sodexo.com. and you'll be able to access this call on our website for the next 12 months. The call is being recorded, but may not be shared without our consent. Please get back to the IR team if you have any further questions after the call. With that, I'll now hand over to Sébastien. Thank you, Juliette, and good morning, everyone. Welcome to our Q3 Fiscal 25 Revenue presentation. And let me start by saying that our third quarter performance is in line with our expectations. Back in April, when we presented our first health results, we shared a detailed view of the underlying dynamics, notably the softer performance in some areas of North America, contrasting with better trends in others. And our third quarter performance reflects a continuation of these dynamics. We also began to see early contribution from key contracts worn in H1, while experiencing a softer selling season in education in North America. Now let's begin with the headline figur...