Sodexo S.A. (SDXAY.PK) posted revenue of 4.64 billion euros for the third quarter, higher than 4.14 billion euros reported a year ago.
For the nine-month period, revenue grew to 13.71 billion euros from 12.41 billion euros in the prior year.
Sodexo chief executive officer Michel Landel, commented, "In a volatile global economy, which has continued to deteriorate for the past several months, our Quality of Life integrated service offers and our emerging markets growth strategy have accounted for a large part of our growth. Our teams are fully mobilized to provide our clients with the services and savings they expect and to improve our competitiveness."
Going ahead, the company still expects organic revenue growth to be between 6% and 7%. The company further expects growth in operating profit to be around 10%.
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by RTT Staff Writer
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