Milestones in the Group’s growth
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 is the bedrock for sustainable and profitable growth which provides continuous development opportunities to its employees.
1966
Sodexo founded by Pierre Bellon
1967
First multi-service contract for the management of CNES (French Space Agency) in Guyana
1970
Number of Employees : 1,000
Consolidated Turnover : €9.3 M
1973 - 35 countries
Development in Belgium, Italy, Spain, Africa and the Middle East
1975
Opening of foodservices in schools and hospitals
1976
1st meal voucher
1980
Number of Employees : 15,000
Consolidated Turnover : €213 M
1982 - 40 countries
Development in North America, South America, Russia and South Africa
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
Number of Employees : 36,000
Consolidated Turnover : €1.2 Billion
1992
Creation of the Sodexo Management Institute
1995
Acquisitions of Gardner Merchant (UK) and 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
Number of Employees : 286,000
Consolidated Turnover : €10.5 Billion
2000-2005
Launch of new Quality of Life services:facilities management services, vouchers and cards services
2000-2010
Acquisitions of Sogeres and Score Group (France), Wood Dining Services, Circles, Comfort Keepers® (USA), Zehnacker (Germany), Radhakrishna Hospitality Services Group (India), VR (Brazil).
2008
Rapid growth in new markets: technical maintenance, energy and water consumption efficiency, spatial planning
2009
Implementation of the first corporate responsibility roadmap
2010
Number of Employees : 380,000
Consolidated Revenue : €15.3 Billion
2012 - 72 countries,
Including Brazil, China, India
2013
Development of integrated Quality of Life services, for key global accounts
2015 - 80 countries
2016
- Appointment of Sophie Bellon as Chairwoman of the Board of Directors
- Launch of the Sodexo Ventures fund
2017
Renewal of corporate responsibility commitments (Better Tomorrow 2025)
2018
- Denis Machuel becomes CEO
- 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)
2020
Number of Employees : 470,000
Consolidated Revenue : €22 Billion
As of August 31, 2021 :
Number of Employees : 412,088
Consolidated Revenue : €17.4 Billion
56 countries
Since March 2020, Sodexo faced an unprecedented decline in business due to the Covid-19 pandemic, significantly affecting its financial performance, share value and workforce.
Nevertheless, during the worst crisis the sector has ever seen, the Group demonstrated its resilience and the relevance of its business model.
Since March 2021, Sodexo’s business has been gradually recovering.
The Group remains confident in the strength of its financial structure, market positioning and medium-term prospects.
Share Price : €70.02