Fiscal 2020 Integrated Report

The Group’s evolution since its creation

1. Vision & mission

The Group’s evolution since its creation

The Group’s evolution since its creation

Since 1966, Sodexo has been dedicated to the goal of improving quality of life, convinced of its contribution to both higher organizational performance and societal progress. This consistent focus has enabled the Group to grow profitably and sustainably while providing continuous development opportunities for its employees.

KEY MOMENTS 

1966

Sodexo founded by Pierre Bellon

1967

First multi-service contract for the management of CNES (French Space Agency) in Guyana

35 countries

Development in Belgium, Italy, Spain, Africa and the Middle East

1970
EMPLOYEES : 1,000
CONSOLIDATED REVENUES : €9.3 m

1976

1st meal voucher

1975

Lancement des services de restauration collective pour les écoles et les hôpitaux

40 countries

Development in North America, South America, Russia and South Africa

1980
EMPLOYEES : 15,000
CONSOLIDATED REVENUES : €213 m

1983

Initial public offering on the Paris Stock Exchange

1987

The Group is structured in line with its internationalization with the emergence of client segments

1990
EMPLOYEES : 36,000
CONSOLIDATED REVENUES : €1.2 bn

1992

Creation of the Sodexo Management Institute

1995

Acquisitions of Gardner Merchant (UK) Partena (Sweden)

1996

Creation of Stop Hunger, a global non-profit network that works towards a hunger-free world

1998

Creation of the European Works Council

1998-2001

Acquisition of Marriott Management Services (U.S.)

2000
EMPLOYEES : 286,000
CONSOLIDATED REVENUES : €10.5 bn

2000-2005

Launch of new Quality of Life services: Facilities Management services, vouchers and cards services

2000-2010

Acquiqitions of Sogeres and Score Group (France), Wood Dining Services, Circles, Comfort Keepers® (USA), Zehnacker (Germany), Radhakrishna Hospitality Services Group (India), VR (Brazil)

2007

Sarbanes–Oxley Act conformity, Section 404

Rapid growth in new markets: technical maintenance, energy and water consumption efficiency, spatial planning

2009

Implementation of the first launch of our corporate responsibility roadmap

Development of integrated Quality of Life services, for key global accounts

2010
EMPLOYEES : 380,000
CONSOLIDATED REVENUES : €15.3 bn

72 countries,

Including Brazil, China, India

80 countries

2016

  • Appointment of Sophie Bellon as Chairwoman of the Board of Directors, on January 26
  • Launch of the Sodexo Ventures fund

2017

Renewal of corporate responsibility commitments (Better Tomorrow 2025)

2018

  • Denis Machuel becomes CEO on January 23
  • Implementation of the strategic agenda, “Focus on Growth”
  •  Sodexo becomes a leader in the Sports & Leisure segment globally with the acquisition of Centerplate

2019

  • Sodexo expands its offering by strengthening its position in Foodservices – Novae (Switzerland), Alliance in Partnership (United Kingdom) – and in Personal & Home services – Pronep (Brazil), Crèches de France (France) and the Good Care Group (United Kingdom)
  • Sodexo strengthens its technological capabilities with the acquisition of a strategic minority stake in Zeta (India) and a strategic investment in Meican (China)
  • Part of the “Future 50 Foods” program, Sodexo is developing 40 new sustainable recipes

2020
EMPLOYEES : 470,000
CONSOLIDATED REVENUES : 22 Md€

2020

During the second half of Fiscal 2020, Sodexo faced an unprecedented decline in business due to the Covid-19 pandemic, significantly affecting its financial performance, share value and workforce. Sodexo teams around the world are fully mobilized to ensure the health and safety of all. The Group remains confident in terms of its financial structure, market positioning and medium-term prospects.

EMPLOYEES : 420 000 

CONSOLIDATED REVENUES : 19,3 Md€ 

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