Sodexo (SDXAY.PK) reported first-quarter fiscal 2026 consolidated revenues of 6.26 billion euros, representing organic revenue growth of 1.8%. The company said results were negatively impacted by a 4% currency headwind.
By region, North America posted organic revenue decline of 1.5%, while Europe delivered organic growth of 2.4%,. The Rest of the World recorded strong organic growth of 10.2%, driven by robust performance in Australia, India, Brazil and Chile.
Looking ahead, Sodexo reiterated its fiscal 2026 guidance, forecasting organic revenue growth of between 1.5% and 2.5%, including at least a 2% contribution from pricing.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.