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Sodexo (WBO:SW) Deferred Policy Acquisition Costs


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What is Sodexo Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Sodexo (WBO:SW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (WBO:SW) » Definitions » Deferred Policy Acquisition Costs
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130
Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.