French food services firm Sodexo anticipates a faster revenue growth recovery starting in 2027, projecting 2% to 3% organic growth. The company plans to achieve this by focusing on stronger execution and expanding its presence in North America, its largest market.
Sodexo's revised growth targets and strategic focus on North America signal its efforts to overcome recent performance challenges and capitalize on market opportunities, potentially impacting its financial standing and competitive position in the global food services industry.
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%.
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