Date: Wednesday 11 Jan 2012
LONDON (ShareCast) - French food services company Sodexo announced an 8.1% rise in revenue in the three months ended November 30th (first fiscal quarter of 2012).
During the period, sales totaled €4.612bn, more than the €4.268bn that the company generated in the same period of last year. Organic growth was 6.8%, within the targeted range of 5-8% expected for the full-year.
In terms of geography, the firm saw revenue growth of 4.9% in the United States, 1.5% in continental Europe, 14.3% in the UK and Ireland, and 19.3% in the rest of the world.
Chief Executive Officer Michel Landel assured that first quarter saw very dynamic sales that were in line with the annual objectives.
Shares were trading up 0.12% at €56.28 by 12:16 in Paris.
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Currency | Euro |
Share Price | 82.60 |
Change Today | 0.20 |
% Change | 0.24 % |
52 Week High | 105.40 |
52 Week Low | 72.64 |
Volume | 124,181 |
Shares Issued | 147.46m |
Market Cap | 12,180m |
Beta | 0.56 |
Strong Buy | 9 |
Buy | 5 |
Neutral | 3 |
Sell | 2 |
Strong Sell | 0 |
Total | 19 |
Time | Volume / Share Price |
17:35 | 1,570 @ 82.60 |
17:35 | 12 @ 82.60 |
17:35 | 358 @ 82.60 |
17:35 | 187 @ 82.60 |
17:35 | 481 @ 82.60 |
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