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Sodexo SA (EXHO.PA)

EXHO.PA on Paris Stock Exchange

91.08EUR
20 Jul 2018
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Thu, Jul 5 2018

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Sodexo shares rise as third-quarter sales beat expectations, keeps goals

PARIS France's Sodexo cheered investors on Thursday by beating third-quarter sales expectations and by offering plans to bolster earnings, sending shares in the world's second-biggest caterer 7 percent higher.

UPDATE 2-Sodexo shares rise as Q3 sales beat expectations, keeps goals

* Says action plan on track, cautious on mid-term goal (Adds shares, analyst and CEO comments)

France's Sodexo keeps goals despite weaker Q3 sales

PARIS, July 5 French food services and facilities management group Sodexo on Thursday reported slower third-quarter sales growth amid continued weakness in its North American business in healthcare and in education services.

BRIEF-Controlling Bellon family to beef up Sodexo's stake

* BELLON SA, CONTROLLED BY MR. PIERRE BELLON AND HIS FOUR CHILDREN, WOULD LIKE TO REINFORCE ITS PARTICIPATION IN SODEXO AND HAS MANDATED A BANK TO PURCHASE 1,350,000 SODEXO SHARES BY 30 MAY 2018.

BRIEF-Reliance Jio Infocomm Announces Partnership With Sodexo

* ANNOUNCES PARTNERSHIP WITH SODEXO Source text: [Reliance Jio and Sodexo, the leader in Employee Benefits today announced the partnership to accelerate India’s digital transformation. Jio and Sodexo will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.] Further company coverage:

UPDATE 1-French group Sodexo's H1 core profits fall, cautious on medium-term goals

PARIS, April 12 French food services and facilities management group Sodexo on Thursday reported a well-flagged fall in first-half core operating profit and kept its recently reduced targets for sales growth and margins for the 2017/18 full year.

BRIEF-Sodexo CEO cautious on medium-term guidance

April 12 Sodexo CEO Denis Machuel tells a call with journalits:

French group Sodexo's H1 core profits fall, keeps toned-down guidance

PARIS, April 12 French food services and facilities management group Sodexo on Thursday reported a well-flagged fall in first-half core operating profit and kept its recently reduced targets for sales growth and margins for the 2017/18 full year.

UPDATE 2-European shares post worst quarter in 2 years despite late M&A lift

* STOXX 600 up 0.2 pct on the day, down 4.7 pct on the quarter

UPDATE 2-Sodexo shares sink after warning on sales and profits

* H1 results due April 12 (Recasts with CEO call, analysts, shares)

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