In accordance with IFRS 8 “Operating segments“, the segment information presented below has been prepared based on internal management data as monitored since the first quarter of Fiscal 2023 by the Sodexo Leadership Team, which is Sodexo’s chief operating decision-maker: On-site Services and Benefits & Rewards Services (Pluxee).
For On-site Services, Revenue and Underlying operating profit are followed by region. These regions meet the definition of operating segments in IFRS 8.
Sodexo’s operating segments and groups of operating segments are as follows:
The operating segments that have been aggregated within the On-site Services activity carry out similar operations – both in terms of type of services rendered and processes and methods used to deliver the services – and have similar economic characteristics (notably in terms of margins they generate).
Segment assets and liabilities are not presented as they are not included in the chief operating decision-maker’s measurement of segment performance.
No single Group client or contract accounts contribute for more than 2% of the consolidated revenues.
|
FISCAL 2023 (in million euros) |
NORTH AMERICA | EUROPE | REST OF THE WORLD | CORPORATE EXPENSES | GROUP TOTAL |
|---|---|---|---|---|---|
| Revenues | RevenuesNORTH AMERICA10,479 | RevenuesEUROPE8,071 | RevenuesREST OF THE WORLD4,087 | RevenuesCORPORATE EXPENSES
|
Revenues GROUP TOTAL 22,637 |
| Underlying operating profit* | Underlying operating profit*NORTH AMERICA582 | Underlying operating profit*EUROPE299 | Underlying operating profit*REST OF THE WORLD192 | Underlying operating profit*CORPORATE EXPENSES(97) | Underlying operating profit* GROUP TOTAL 976 |
* Including Group’s share of profit of companies accounted for using the equity method that directly contribute to the Group’s business and excluding other operating income and expenses.
|
FISCAL 2022 (in million euros) |
NORTH AMERICA | EUROPE | REST OF THE WORLD | CORPORATE EXPENSES | GROUP TOTAL IFRS 5 RESTATED |
|---|---|---|---|---|---|
| Revenues | RevenuesNORTH AMERICA8,828 | RevenuesEUROPE7,774 | RevenuesREST OF THE WORLD3,661 | RevenuesCORPORATE EXPENSES
|
Revenues GROUP TOTAL IFRS 5 RESTATED 20,263 |
| Underlying operating profit* | Underlying operating profit * NORTH AMERICA472 |
Underlying operating profit * EUROPE300 |
Underlying operating profit * REST OF THE WORLD156 |
Underlying operating profit * CORPORATE EXPENSES(112) |
Underlying operating profit *GROUP TOTAL IFRS 5 RESTATED 815 |
* Including Group’s share of profit of companies accounted for using the equity method that directly contribute to the Group’s business and excluding other operating income and expenses.
