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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