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Sodexo Achieves Strong Fiscal 2024 Results with 7.9% Organic Revenue Growth and 16% Profit Increase
Sodexo has just released its Fiscal 2024 results, showcasing a robust financial performance with Organic Revenue Growth of 7.9% and an Underlying Operating Profit increase of 16% (at constant currencies), accompanied by a 40-basis-point improvement in margin to 4.7%.
In the Rest of the World Zone, which includes Asia Pacific, Middle East & Africa (APMEA), Brazil, and Latin America, organic growth reached 7.3%. This growth was driven by strong performances in India and Australia, although partially offset by slowdowns in China and Chile. The company’s client relationships remain a key driver, continuing to open new avenues for growth across the region.
Sodexo remains a market leader in key countries such as China, India, Australia, Brazil, and Chile. Teams across the zone have delivered top-tier service in food services, facilities management, and Integrated Facilities Management (IFM), maintaining high standards in consumer experience, operational excellence, and a commitment to safe, sustainable food solutions. There have also been ongoing improvements in safety aligned with the company's Zero Harm Mindset.
The success has been attributed to the dedication of its 183,000-strong workforce in the region.
SOURCE: Sodexo
