| (in million euros) | FISCAL 2023 | FISCAL 2022 restated | DIFFERENCE | DIFFERENCE CONSTANT RATES |
|---|---|---|---|---|
| Revenue | Revenue FISCAL 2023 22,637 |
Revenue FISCAL 2022 restated 20,263 |
Revenue DIFFERENCE +11.7% |
Revenue DIFFERENCE CONSTANT RATES +10.2% |
| Organic growth | Organic growth FISCAL 2023 +11.0% |
Organic growth FISCAL 2022 restated +17.0% |
Organic growth DIFFERENCE
|
Organic growth DIFFERENCE CONSTANT RATES
|
| UNDERLYING OPERATING PROFIT | UNDERLYING OPERATING PROFIT FISCAL 2023 976 |
UNDERLYING OPERATING PROFIT FISCAL 2022 restated 815 |
UNDERLYING OPERATING PROFIT DIFFERENCE 19,7% |
UNDERLYING OPERATING PROFIT DIFFERENCE CONSTANT RATES +17.1% |
| UNDERLYING OPERATING PROFIT MARGIN | UNDERLYING OPERATING PROFIT MARGIN FISCAL 2023 4.3% |
UNDERLYING OPERATING PROFIT MARGIN FISCAL 2022 restated 4.0% |
UNDERLYING OPERATING PROFIT MARGIN DIFFERENCE +30 bps |
UNDERLYING OPERATING PROFIT MARGIN DIFFERENCE CONSTANT RATES +30 bps |
| Other operating income and expenses | Other operating income and expenses FISCAL 2023 (129) |
Other operating income and expenses FISCAL 2022 restated (3) |
Other operating income and expenses DIFFERENCE
|
Other operating income and expenses DIFFERENCE CONSTANT RATES
|
| OPERATING PROFIT | OPERATING PROFIT FISCAL 2023 847 |
OPERATING PROFIT FISCAL 2022 restated 812 |
OPERATING PROFIT DIFFERENCE +4.3% |
OPERATING PROFIT DIFFERENCE CONSTANT RATES +2.5% |
| Net financial expense | Net financial expense FISCAL 2023 (101) |
Net financial expense FISCAL 2022 restated (87) |
Net financial expense DIFFERENCE
|
Net financial expense DIFFERENCE CONSTANT RATES
|
| Net income before tax & shares accounted for equity method | Net income before tax & shares accounted for equity method FISCAL 2023 737 |
Net income before tax & shares accounted for equity method FISCAL 2022 restated 718 |
Net income before tax & shares accounted for equity method DIFFERENCE
|
Net income before tax & shares accounted for equity method DIFFERENCE CONSTANT RATES
|
| Tax charge | Tax charge FISCAL 2023 (181) |
Tax charge FISCAL 2022 restated (206) |
Tax charge DIFFERENCE
|
Tax charge DIFFERENCE CONSTANT RATES
|
| CONTINUING OPERATIONS NET PROFIT (GROUP SHARE) | CONTINUING OPERATIONS NET PROFIT (GROUP SHARE) FISCAL 2023 560 |
CONTINUING OPERATIONS NET PROFIT (GROUP SHARE) FISCAL 2022 restated 514 |
CONTINUING OPERATIONS NET PROFIT (GROUP SHARE) DIFFERENCE +8.9% |
CONTINUING OPERATIONS NET PROFIT (GROUP SHARE) DIFFERENCE CONSTANT RATES +8.7% |
| PLUXEE NET PROFIT (GROUP SHARE) | PLUXEE NET PROFIT (GROUP SHARE) FISCAL 2023 234 |
PLUXEE NET PROFIT (GROUP SHARE) FISCAL 2022 restated 181 |
PLUXEE NET PROFIT (GROUP SHARE) DIFFERENCE +29.3% |
PLUXEE NET PROFIT (GROUP SHARE) DIFFERENCE CONSTANT RATES +25.6% |
| GROUP NET PROFIT (GROUP SHARE) | GROUP NET PROFIT (GROUP SHARE) FISCAL 2023 794 |
GROUP NET PROFIT (GROUP SHARE) FISCAL 2022 restated 695 |
GROUP NET PROFIT (GROUP SHARE) DIFFERENCE +14.2% |
GROUP NET PROFIT (GROUP SHARE) DIFFERENCE CONSTANT RATES +12.9% |
| EPS (in euros) | EPS (in euros) FISCAL 2023 5.44 |
EPS (in euros) FISCAL 2022 restated 4.75 |
EPS (in euros) DIFFERENCE
|
EPS (in euros) DIFFERENCE CONSTANT RATES
|
FISCAL 2023
|
FISCAL 2022 restated
|
DIFFERENCE
|
DIFFERENCE CONSTANT RATES
|
|
| CONTINUING OPERATIONS UNDERLYING NET PROFIT | CONTINUING OPERATIONS UNDERLYING NET PROFIT FISCAL 2023 659 |
CONTINUING OPERATIONS UNDERLYING NET PROFIT FISCAL 2022 restated 525 |
CONTINUING OPERATIONS UNDERLYING NET PROFIT DIFFERENCE +25.5% |
CONTINUING OPERATIONS UNDERLYING NET PROFIT DIFFERENCE CONSTANT RATES +24.1% |
| PLUXEE UNDERLYING NET PROFIT | PLUXEE UNDERLYING NET PROFIT FISCAL 2023 249 |
PLUXEE UNDERLYING NET PROFIT FISCAL 2022 restated 174 |
PLUXEE UNDERLYING NET PROFIT DIFFERENCE +43.1% |
PLUXEE UNDERLYING NET PROFIT DIFFERENCE CONSTANT RATES +38.9% |
| GROUP UNDERLYING NET PROFIT | GROUP UNDERLYING NET PROFIT FISCAL 2023 908 |
GROUP UNDERLYING NET PROFIT FISCAL 2022 restated 699 |
GROUP UNDERLYING NET PROFIT DIFFERENCE +29.9% |
GROUP UNDERLYING NET PROFIT DIFFERENCE CONSTANT RATES +27.8% |
| Underlying EPS (in euros) | Underlying EPS (in euros) FISCAL 2023 6.21 |
Underlying EPS (in euros) FISCAL 2022 restated 4.78 |
Underlying EPS (in euros) DIFFERENCE
|
Underlying EPS (in euros) DIFFERENCE CONSTANT RATES
|
| REVENUES (in million euros) | FISCAL 2023 | FISCAL 2022 | ORGANIC GROWTH | EXTERNAL GROWTH | CURRENCY EFFECT | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| North America | North America FISCAL 202310,479 |
North America FISCAL 20228,828 |
North America ORGANIC GROWTH +13.9 % |
North America EXTERNAL GROWTH +0.6 % |
North America CURRENCY EFFECT +4.2 % |
North America TOTAL GROWTH +18.7 % |
| Europe | Europe FISCAL 20238,071 |
Europe FISCAL 20227,774 |
Europe ORGANIC GROWTH +7.5 % |
Europe EXTERNAL GROWTH -2.0 % |
Europe CURRENCY EFFECT -1.7 % |
Europe TOTAL GROWTH +3.8 % |
| Rest of the World | Rest of the World FISCAL 20234,087 |
Rest of the World FISCAL 20223,661 |
Rest of the World ORGANIC GROWTH +11.5 % |
Rest of the World EXTERNAL GROWTH -1.5 % |
Rest of the World CURRENCY EFFECT +1.6 % |
Rest of the World TOTAL GROWTH +11.7 % |
| SODEXO Continuing activities | SODEXO Continuing activities FISCAL 202322,637 |
SODEXO Continuing activities FISCAL 202220,263 |
SODEXO Continuing activities ORGANIC GROWTH +11.0 % |
SODEXO Continuing activities EXTERNAL GROWTH -0.8 % |
SODEXO Continuing activities CURRENCY EFFECT +1.5 % |
SODEXO Continuing activities TOTAL GROWTH +11.7 % |
Fiscal 2023 Sodexo continuing activities consolidated revenues reached 22.6 billion euros, up +11.7% year-on-year, driven by organic growth of +11.0%, positive currency impact of +1.5% and net contribution from acquisitions and disposals of -0.8%.
Fiscal 2023 organic revenue growth was up +11.0%, benefiting from higher attendance and average spend related to post-Covid ramp-up in Corporate Services, Sports & Leisure and Universities, as well as a consistent pricing effect of more than 5% throughout the year. Net new business contribution accelerated quarter on quarter to reach 2% in the second half. The end of the Testing Centers contract in the United Kingdom impacted the first three quarters and accounted for -1.2% in the full year organic growth. Finally, an accounting change related to the revenue recognition in a large Energy & Resources contract affected the organic growth of the year by -0.5%, and by -2.3% for the fourth quarter alone where the change was implemented retroactively for the full year.
Organic growth was boosted by a strong recovery in Food services up +16%. Faciility Management services were up +3%, or +6% excluding the impact of the end of the Testing Centers contract in the United Kingdom. Food services represented 64% of total On-site revenues during the period, increasing from 60% in Fiscal 2022, and almost back up to pre-Covid levels.
Key performance indicators improved significantly in Fiscal 2023:
