Full Year 2025 Sodexo SA Earnings Call Transcript

Oct 23, 2025 / 07:00 AM GMT

Release Date Price: €52.18 (-7.49%)

Transcript

Key Points

Positve

Sodexo (SDXAY) achieved organic growth of 3.3% in fiscal year 2025, slightly higher at 3.7% when excluding effects from major sports events and the leap year.
The company has made significant progress in repositioning itself as a pure play food and services company, with food now covering more than two-thirds of its portfolio.
Digital engagement has surged, with almost 6 million active consumers, up from just over 1 million, indicating expanded reach and new growth avenues.
Sodexo (SDXAY) has improved its branded food offer, now representing over 50% of revenues, enhancing client experience and operational efficiency.
The company has a strong balance sheet and flexibility to invest in growth, maintaining a net debt to EBITDA ratio of 1.8 times within its target range.

Negative

Fiscal year 2025 presented commercial challenges, particularly in North America, with retention dropping to 94% due to the loss of a global account and softer performance in education.
The company's underlying operating margin was stable on a reported basis but only improved by 10 basis points at constant currencies, reflecting currency headwinds.
Sodexo (SDXAY) faces uneven performance across its business segments, with North America needing improvement, especially in higher education.
The fiscal year 2026 is expected to be a transition year with slightly lower operating margins due to mix, timing of growth drivers, and targeted investments.
The company anticipates a relatively soft start to fiscal year 2026, with growth gradually improving over the year, particularly in North America.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EXHO.PA - Sodexo SA
Full Year 2025 Sodexo SA Earnings Call
Oct 23, 2025 / 07:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning.

Thank you for standing by and welcome to the Sodexo fiscal year 2025 results call.

If you, I advise you that this conference is being recorded today, Thursday, October 23, 2025. I would like to hand the conference over to the Sodexo team. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good morning everyone. Welcome to our fiscal 2025 results call. I'm here with Sophie Deon and Sebastian.

They'll go through the presentation and then take your questions. We'll ask you to please limit yourself to 2 questions and one follow-up. The slides

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.