Business
Sodexo Q1 Fiscal 2026 revenues in line with expectations
Issy-les-Moulineaux, January 8, 2026 (7am)Sodexo (Euronext Paris FR 0000121220-OTC: SDXAY) Q1 organic revenue growth of +1.8%Fiscal 2026 guidance framework unchanged: Organic revenue growth between +1.5% and +2.5%Underlying operating profit margin to be slightly lower than Fiscal 2025 Q1 FISCAL 2026 REVENUES REVENUES(in million euros)Q1 FY26Q1 FY25 ORGANICGROWTHEXTERNALGROWTHCURRENCYEFFECTTOTALGROWTHNorth America2,8963,099 -1.5%+0.7%-5.8%-6.5%Europe2,2532,221 +2.4%+0.1%-1.1%+1.4%Rest of the Worl
About this update from Sodexo Sa
Issy-les-Moulineaux, January 8, 2026 (7am) Sodexo (Euronext Paris FR 0000121220-OTC: SDXAY) Q1 FISCAL 2026 REVENUES Thierry Delaporte, Sodexo CEO, said: "Since joining Sodexo last November, I have spent most of my time in the field, listening to our teams and clients and deepening my understanding of the realities of our business. My initial observations are clear: Sodexo has strong assets, talented people and real room to grow. In order to fully capture the opportunity ahead, we will sharpen our client centricity to accelerate growth, invest in our people, and improve operational efficiency. These are my early priorities, and the first actions are already in motion. We have important work ahead to improve execution and further strengthen our operating model. I will share my initial views on the business at the half-year and present a full assessment and plan before the summer break. In the meantime, we are addressing critical priorities, and I am confident that we will unlock Sodexo's full potential.” Highlights of the period Outlook Reiterating Fiscal 2026 guidance: Conference call Sodexo will hold a conference call (in English) today at 9:00 a.m. (Paris time) / 8:00 a.m. (London time) to comment on its Q1 Fiscal 2026 revenues. Those who wish to connect: Followed by the access code 07 26 13 The live audio webcast will be available on www.sodexo.com The press release, presentation and webcast will be available on the Group website www.sodexo.com in both the “Newsroom” section and the “Investors – Financial Results” section. Financial calendar These dates are indicative and may be subject to change without notice. Regular updates are available in the calendar on our website www.sodexo.com About Sodexo Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the leader in Food and Services, shaping better everyday experiences at every moment in life: work, heal, learn and play. The Group stands out for its independence, its founding family shareholding and its responsible business model. With its services, Sodexo meets all the challenges of everyday life with a dual goal: to improve the quality of life of our employees and those we serve, and contribute to the economic, social and environmental progress in the communities where we operate. For Sodexo, growth and social commitment go hand in hand. Our purpose is to create a better everyday for everyone to build a better life for all. Sodexo is included in the CAC Next 20, CAC SBT 1.5, FTSE 4 Good and DJSI indices. Key figures Q1 Fiscal 2026 - Appendix North America Europe Rest of the World CURRENCY EFFECTS Exchange rate fluctuations do not generate operational risks because each subsidiary bills its revenues and incurs its expenses in the same currency. The negative currency impact for first quarter Fiscal 2026 of -4.0% was primarily driven by the continued depreciation of the US dollar against the euro. This effect was further compounded by the weakening of the British pound, the Australian dollar and the Indian rupee. The currency effect is determined by applying the previous year’s average exchange rates to the current year figures. FINANCIAL POSITION Apart from the seasonal changes in working capital, there were no material changes in the Group's financial position as of November 30, 2025, relative to that presented in the Fiscal 2025 Universal Registration Document filed with the Autorité des marchés financiers (AMF) on October 31, 2025. PRINCIPAL RISKS AND UNCERTAINTIES There were no significant changes to the principal risks and uncertainties identified by the Group in the Risk Factors section of the Fiscal 2025 Universal Registration Document filed with the AMF on October 31, 2025. ALTERNATIVE PERFORMANCE MEASURE DEFINITIONS Growth excluding currency effect The currency effect is determined by applying the previous year’s average exchange rates to the current year figures except in hyper-inflationary economies where all figures are converted at the latest closing rate for both periods when the impact is significant. For Türkiye, despite being in hyperinflation, the average exchange rates of the previous period are used due to the lack of materiality. Organic growth Organic growth corresponds to the increase in revenue for a given period (the “current period”) compared to the revenue reported for the same period of the prior fiscal year, calculated using the exchange rate for the prior fiscal year; and excluding the impact of business acquisitions (or gain of control) and divestments, as follows: Underlying operating profit margin The Underlying operating profit margin corresponds to Underlying operating profit divided by revenues. Underlying operating profit margin at constant rates The Underlying operating profit margin at constant rates corresponds to Underlying operating profit divided by revenues, calculated by converting Fiscal 2026 figures at Fiscal 2025 rates, except for countries with hyperinflationary economies. Attachment