Sodexo SA

Sodexo has been selected by Clariant for a new five-year global partnership to deliver integrated workplace services. The agreement covers soft and hard facilities management services including cleaning, building and grounds maintenance, and technical support across more than 50 sites in 13 countries in Europe, the Americas, and Asia Pacific. Mobilization will begin in October 2026, with Sodexo providing streamlined governance and data-driven insights to enhance operational performance and workplace experience across Clariant's diverse portfolio of industrial, laboratory, office, and production environments.

Sodexo is placing North America at the heart of its growth strategy as the French food services group targets an acceleration in organic revenue growth to 2% to 3% in 2027, up from a projected 1.2% to 1.5% in 2026. CEO Thierry Delaporte called the United States the absolute priority, noting it is the world's largest and a rapidly growing market. North America accounts for roughly half of Sodexo's revenue and has become the top strategic focus after weaker performance in education and healthcare. By 2030, the company aims for organic revenue growth above 5% and net new business growth above 3%, supported by stronger execution and competitiveness. Sodexo also announced a global contract with Meta, one of its largest to date, and plans to increase investments to €1 billion while maintaining a 50% dividend payout ratio through 2030.

Sodexo has secured a food services contract from Meta Platforms to deliver food services across Meta's global portfolio. The enterprise partnership covers more than 130 locations in over 30 countries and represents the largest workplace food services contract secured by Sodexo to date. The contract includes corporate offices, large campuses, data centers, conference hubs and smaller office locations. Service delivery will start progressively in the coming months. Financial details of the contract have not been disclosed.

Most European stock markets closed on a strong note Thursday, led by gains in pharmaceuticals and defensive sectors. The pan-European Stoxx 600 gained 1.41%, while Germany's DAX jumped 2.16% to a new record high and the UK's FTSE 100 rose 1.67%. Easing inflation and interest rate concerns, a new German government reform package, and encouraging corporate news fueled the positive mood. In Germany, Bayer soared nearly 9% after consolidating its U.S. Roundup business into a new unit, and France's Sodexo surged 7.5% on stronger-than-expected quarterly performance and an upgraded full-year revenue forecast.

French stocks moved higher on Thursday, with the benchmark CAC 40 up 60.69 points or 0.73% at 8,397.98, as easing concerns about inflation and interest rates and reports of positive progress in US-Iran talks lifted sentiment. Food services group Sodexo soared 8% after delivering stronger-than-expected Q3 performance and raising its full-year organic revenue growth forecast. Carrefour climbed 4.2%, ArcelorMittal jumped 3.6%, and Thales, Pernod Ricard and Euronext gained between 2.2% and 2.6%. Renault dropped about 2.3%, while Dassault Systemes and Legrand lost 1.3% and 1.2% respectively. France's state budget deficit narrowed to EUR 93.3 billion in the January-May period from EUR 94.0 billion a year earlier.

European stocks moved higher on Thursday as gains in defensive stocks offset a loss of momentum in the AI-driven tech rally. The pan-European Stoxx 600 rose half a percent to 642.57, while Germany's DAX gained 0.4 percent, France's CAC 40 surged 0.6 percent, and the UK's FTSE 100 was up half a percent. Roche Holdings rose about 2 percent after its experimental drug divarasib showed better potential than existing therapies in a late-stage lung cancer study. Bayer climbed 5.2 percent on plans to consolidate its US Roundup business into a new unit, and Sodexo soared 9 percent after raising its full-year organic revenue growth forecast.

Sodexo reported third-quarter fiscal 2026 organic revenue growth of plus 2.0 percent, above expectations, and raised its full-year organic growth guidance to between plus 1.2 and plus 1.5 percent from a previous range of plus 0.5 to plus 1 percent. Consolidated revenues reached 6.2 billion euros, with a negative currency impact of minus 2.5 percent mainly from the weaker US dollar and a positive net contribution from acquisitions and disposals of plus 1.4 percent. North America posted organic growth of minus 0.1 percent, or plus 2.2 percent excluding a contract reclassification, while Europe grew 0.6 percent and the Rest of the World surged 10.6 percent. The underlying operating profit margin target of 3.2 to 3.4 percent was maintained, and the company will present its execution agenda and medium-term ambitions at an investor update in Paris on July 16, 2026.

Sodexo has extended its foodservice and facilities management contract with Naples Comprehensive Health, continuing a partnership that spans more than two decades. The renewed agreement covers Food and Nutrition, Environmental Services, Linen Distribution, Waste Management, and Healthcare Technology Management. Sodexo’s Clinicia program and retail concepts Eat> Café & Bites and Eat> Food Market will remain in place. NCH Chief Performance and Improvement Officer Matt Stacell said Sodexo’s alignment with the health system’s vision and its industry-standard care were key to the extension. Sodexo serves 700 hospitals across the U.S., providing 10 million patient meals annually and cleaning 230 million square feet of healthcare space daily.

Liberty University has renewed its partnership with Sodexo through a new 10-year agreement to enhance campus dining and hospitality. The renewal extends a 48-year relationship and covers a comprehensive program that includes approximately 950 Sodexo employees, a 120,000-square-foot flagship dining facility with 27 platforms, 24 retail concepts across campus, and service for more than 12,000 meal plan students. The agreement positions Sodexo to support new campus ventures such as the Champion Center, a premier venue designed to host up to 1,000 guests for catering and events. Liberty University Vice President of Auxiliary Services Louis Cambeletta stated that the extension will help advance enrollment and retention objectives. Sodexo Campus & Schools CEO Ashton Sequeira said the partnership reflects a shared commitment to delivering a high-quality campus experience.