Sodexo (SW)

  82.40
   
  • Change Today:
     0.55
  • 52 Week High:  105.40
  • 52 Week Low:  72.64
  • Currency: Euro
  • Shares Issued: 147.46m
  • Volume: 165,271
  • Market Cap:  12,150m
  • Beta: 0.56

Sodexo boosts first quarter sales by 8%

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.

SB

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Sodexo Market Data

Currency Euro
Share Price   82.40
Change Today   0.55
% Change 0.67 %
52 Week High  105.40
52 Week Low  72.64
Volume 165,271
Shares Issued 147.46m
Market Cap  12,150m
Beta 0.56

What The Brokers Say

Strong Buy 9
Buy 5
Neutral 3
Sell 2
Strong Sell 0
Total 19
buy
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Trades for 10-May-2024

Time Volume / Share Price
17:35 193 @  82.40
17:35 192 @  82.40
17:35 222 @  82.40
17:35 148 @  82.40
17:35 241 @  82.40

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