2011-11-09

Sodexo Fiscal 2011 Annual Result

Sodexo: solid performance in Fiscal 2011

  • Revenues up + 5.4%, including + 5.2% organic growth
  • Operating profit up + 10.6% and net income increased by + 10.3%
  • Proposed dividend of 1.46 euro per share: + 8.1%
  • Net cash provided by operating activities: € 847 million
  • Solid financial ratios: year end net debt only 15% of shareholders’ equity, enabling development to be self-financed

At the Board of Directors meeting held November 7, 2011, chaired by Pierre Bellon, Sodexo CEO Michel Landel presented the company’s Fiscal 2011 performance.

Commenting on the results, Sodexo CEO Michel Landel said:
"In a continued tense environment, Sodexo achieved good results for the fiscal year ended August 31, 2011 as a result of the commitment of all our teams throughout the world. I thank them for their efforts.

These results demonstrate the relevance of Sodexo's unique positioning and development strategy. We have become an integrator of quality of life services and hold leadership positions in high potential economies such as the BRIC countries. We are continuing to invest for the future in areas such as human resources and talent development and the implementation of our technical service offerings. While we remain prudent given the increasingly uncertain economic context, the objectives announced today demonstrate our confidence in our strategy, our employees and our financial model."

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