French catering company Sodexo revised its 2025 forecast on Thursday, attributing it to slower organic growth than anticipated in North America. Despite the robust fundamentals of the industry, CEO and Chairwoman Sophie Bellon noted that the Education sector's volume decline and Healthcare segment's slower-than-expected progress have hindered meeting the initial projections.
As a result, the company now expects organic revenue growth in 2025 to range between 3% and 4%, down from the earlier range of 5.5% to 6.5%. The projected increase in underlying operating margin has also been adjusted to 10 to 20 basis points, a decrease from the previous guidance of 30 to 40 bps.
The information was reported by Dimitri Rhodes in Gdansk and edited by Milla Nissi.