Key facts
- Sodexo expects faster revenue growth from 2027, targeting 2% to 3% organic growth.
- The company aims to revive performance through stronger execution and expansion in North America.
- North America is Sodexo's largest market, generating roughly half of its revenue.
- Previously, Sodexo expected 1.2% to 1.5% growth in 2026.
- The company is targeting organic revenue growth above 5% by 2030.
French food services company Sodexo announced on Thursday its expectation for a faster revenue growth recovery starting in 2027. The company is targeting 2% to 3% organic revenue growth in 2027, an upward revision from the previously projected 1.2% to 1.5% for 2026. This strategic shift is driven by a focus on stronger execution and expansion within North America, which represents approximately half of Sodexo's total revenue and is identified as its largest and a rapidly growing market.
Sodexo's new CEO, Thierry Delaporte, initiated a review of the company's operations and contracts in April, citing issues such as underinvestment, inconsistent performance, and slow decision-making. The company had previously warned in October 2025 that weak performance in its education and healthcare sectors in North America would impact its results for the current year, with a goal to restore growth from 2027.
Looking further ahead, Sodexo aims to achieve organic revenue growth exceeding 5% by the full-year 2030, with net new business projected to be above 3%.