PARIS Nov 14 French catering-to-vouchers group
Sodexo forecast a rise in full-year 2013/2014 revenue
and profit on Thursday, helped by robust demand in Latin America
and cost savings.
For the year ended Aug. 31, the world's No.2 catering
services company after Britain's Compass Group posted a
1.1 percent rise in underlying revenue to 18.397 billion euros
Operating profit before exceptional items declined to 953
million euros from 958 million a year earlier, the group said in
According to a Thomson Reuters I/B/E/S poll, Sodexo was on
average expected to post revenue of 18.453 billion and operating
profit of 947.5 million.
For 2013/14, Sodexo forecast underlying revenue growth of
between 2.5 percent and 3 percent and an operating margin of 5.6
percent, against 5.2 percent in 2012/13.
($1 = 0.7460 euros)
(Reporting by Dominique Vidalon; Editing by James Regan)