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Sodexo SA Sponsored ADR (SDXAY)
:SDXAY
Earnings Data
Report Date
Apr 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.65Last Year’s EPS
0.58Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -16.36%
|Next Earnings Date:Apr 04, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance, successful debt reduction, and significant advancements in branded offers and technology. However, there were notable challenges in retention rates and specific segments, particularly in North America and Latin America, which balanced the overall sentiment.Company Guidance
During the Fiscal Year 2024 Results Call, Sodexo provided guidance reflecting strong financial performance and strategic advancements. Organic growth for the year was 7.9%, driven by a robust 9.3% increase in Food Services, which now constitutes 66% of total revenues. The underlying operating margin improved by 40 basis points to 4.7%, while the underlying net income from continuing activities rose by 17.6%. The company successfully reduced its net debt ratio to 1.7 times, ahead of schedule, due to solid cash generation. This positions Sodexo well for potential bolt-on acquisitions. Additionally, Sodexo highlighted strategic investments in technology and digital tools, spending over EUR600 million in tech, data, and digital capabilities, and achieving a 25% increase in active app users. The company also committed to sustainability, achieving a 2.5% reduction in Scope 1, 2, and 3 emissions, with 73% of electricity in its buildings sourced from renewables. Looking ahead, Sodexo projects organic revenue growth of 5.5% to 6.5% for Fiscal Year 2025, with a further margin improvement of 30 to 40 basis points, driven by efficiency gains and a disciplined commercial approach.Strong Financial Performance
Fiscal Year 2024 saw organic growth of 7.9%, driven by a 9.3% increase in Food Services, making up 66% of total revenues. The underlying operating margin improved by 40 basis points to 4.7%, and the underlying net income from continuing activities increased by 17.6%.
Debt Reduction Achievements
The net debt ratio was reduced to 1.7 times, which is well within the target range of one to two times, achieved a year earlier than anticipated due to strong cash generation.
Branded Offer Expansion
Branded offers such as Kitchen Works and Modern Recipe reported revenue increases of 45% and 30%, respectively. The branded offerings are on track to reach about 50% of food revenues next year.
Renewal of Major Contracts
The company renewed more than EUR500 million of revenues with large global clients like Microsoft and AstraZeneca.
Investment in Technology and Digitalization
Over EUR600 million was invested in tech, data, and digital, with a 25% increase in active app users. AI is being embedded into core operations to enhance decision-making and automate workflows.
Environmental and Social Responsibility Advancements
A 14.5% reduction in LTIR and a 2.5% decrease in Scope 1, 2, and 3 emissions were achieved. The food waste reduction program cut waste by 40.7% across sites.
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SDXAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SDXAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $16.01 | $17.08 | +6.68% |
| Apr 19, 2024 | $15.05 | $15.32 | +1.79% |
| Oct 26, 2023 | $13.67 | $14.33 | +4.83% |
| Apr 05, 2023 | $13.16 | $14.56 | +10.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sodexo SA Sponsored ADR (SDXAY) report earnings?
Sodexo SA Sponsored ADR (SDXAY) is schdueled to report earning on Apr 04, 2025, TBA Not Confirmed.
What is Sodexo SA Sponsored ADR (SDXAY) earnings time?
Sodexo SA Sponsored ADR (SDXAY) earnings time is at Apr 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SDXAY EPS forecast?
SDXAY EPS forecast for the fiscal quarter 2025 (Q2) is 0.65.
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