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As of 8:10 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

sodexo-sponsored adr (SDXAY) Key Developments

Sodexo SA Secures Two Separate Contracts to Provide Integrated Facility Services at Airport Lounges in London Heathrow Airport in London, United Kingdom

Sodexo SA has secured two separate contracts to provide integrated facility services at airport lounges in London Heathrow Airport in London, United Kingdom. Gulf Air has awarded Sodexo a three-year, $3 million contract to provide hospitality, catering, bar, front-of-house, and housekeeping services to the airlines lounge located in Heathrow Terminal 4. Sodexo also will deliver similar services to United Airlines lounge in Heathrow Terminal 2. Financial terms of Sodexos agreement with United Airlines were not disclosed.

Sodexo Wins Contract at New School

Sodexo has won a seven-year contract to provide catering and housekeeping services to the new Licensed Victuallers School (LVS) in Begbroke, Oxfordfordshire. The contract begins when the school opens in September 2014.

Sodexo Announces Sales Results for the Nine Months Ended May 31, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2014

Sodexo announced sales results for the nine months ended May 31, 2014. For the period, the company reported total group revenues of EUR 13,822 million against EUR 14,214 million a year ago. The company now expects a slightly slower fourth quarter than initially forecast, given the delayed start-up of certain major contracts. The company now forecasts organic revenue growth of between 2.2% and 2.5% for the fiscal 2014 and confirmed its operating profit growth target of 11%. As a result, the Group is targeting an operating margin of 5.6% for fiscal 2014, up 0.4% compared with fiscal 2013.

Sodexo S.A., Nine Months 2014 Sales/ Trading Statement Call, Jul 09, 2014

Sodexo S.A., Nine Months 2014 Sales/ Trading Statement Call, Jul 09, 2014

Sodexo Wins Four-Year Brighton Contract

Sodexo has won a four-year contract to provide catering services at Brighton & Hove Albion Football Club's brand new, training facility, which opens next month. The contract will see Sodexo generate around £400,000 in annual turnover and has been awarded just nine months after Sodexo won the contract to provide matchday catering, hospitality and event management at Brighton's home ground, the Amex Stadium.

 

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