Sodexo
SW: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€42.00 | Vtqkr | Xqcdwdktg |
Sodexo Will Continue to Benefit From Industry Tailwinds
Business Strategy and Outlook
Sodexo Group is the second-largest food servicer globally, also providing facility management services to clients. Food services is its largest division, contributing 64% of group revenue. Sodexo spun off its benefits and rewards business, Pluxee, in February 2024 to focus on food services. In the move, Sodexo also announced it will be more selective in facility management.