FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. REUTERS/Gonzalo Fuentes/File Photo
FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. REUTERS/Gonzalo Fuentes/File Photo
Home » News » Business & Economy » Sodexo bets on North America to drive growth recovery
Business & Economy

Sodexo bets on North America to drive growth recovery

(This story has been refiled to change the picture with no changes to the text)

By Lucie Barbier and Dimitri Rhodes

Video Thumbnail

July 16 (Reuters) – French food caterer Sodexo said on Thursday it expects faster revenue growth from 2027 as it seeks to revive performance through stronger execution and expansion in North America, its largest market.

The company now expects organic revenue growth of 2% to 3% in 2027, compared with expected growth of 1.2% to 1.5% in 2026.

Sodexo’s new CEO announced in April a review of the company’s execution and contracts, citing underinvestment, inconsistent performance and slow decision-making. 

“In terms of countries, obviously, the absolute priority is the United States,” CEO Thierry Delaporte said on a wire call.

The company, which generates roughly half of its revenue in North America, warned in October 2025 that weak performance in education and healthcare in its single largest market would weigh on this year’s results, aiming to restore growth from 2027.

“It’s the largest market in the world, and it’s also a rapidly growing market,” Delaporte added.

The group also aims for organic revenue growth above 5% in full-year 2030, with net new business above 3%.

(Reporting by Lucie Barbier and Dimitri Rhodes in Gdansk; Editing by Matt Scuffham and Bartosz Dabrowski)

Image

By Lucie Barbier and Dimitri Rhodes | Reuters | © Copyright Thomson Reuters 2026.

Related posts

Leave a Comment