| FISCAL 2020 | FISCAL 2021 | FISCAL 2022 | FISCAL 2023 | FISCAL 2024 | |
|---|---|---|---|---|---|
| Company performance | |||||
| Group revenue (in million euros) | Group revenue (in million euros)FISCAL 202019,321 |
Group revenue (in million euros)FISCAL 202117,428 |
Group revenue (in million euros)FISCAL 202221,125 |
Group revenue (in million euros)FISCAL 202323,419 |
Group revenue (in million euros)FISCAL 202424,216 |
| (year on year variance) | (year on year variance)FISCAL 2020 (12.0%) |
(year on year variance)FISCAL 2021 (9.8%) |
(year on year variance)FISCAL 2022 21.2% |
(year on year variance)FISCAL 2023 10.9% |
(year on year variance)FISCAL 2024 3.4 % |
| Group UOP (in million euros) | Group UOP (in million euros) FISCAL 2020569 |
Group UOP (in million euros) FISCAL 2021578 |
Group UOP (in million euros) FISCAL 20221,059 |
Group UOP (in million euros) FISCAL 20231,314 |
Group UOP (in million euros) FISCAL 20241,132 |
| (year on year variance) | (year on year variance)FISCAL 2020 (52.6%) |
(year on year variance)FISCAL 2021 1.6% |
(year on year variance)FISCAL 2022 83.2% |
(year on year variance)FISCAL 2023 24.1% |
(year on year variance)FISCAL 2024 (13.9) % |
|
Information on extended scope |
|||||
| Employee compensation (in euros) | |||||
| Employee average compensation (full time equivalent) | Employee average compensation (full time equivalent)FISCAL 202031,556 |
Employee average compensation (full time equivalent)FISCAL 202133,047 |
Employee average compensation (full time equivalent)FISCAL 202235,382 |
Employee average compensation (full time equivalent)FISCAL 202336,704 |
Employee average compensation (full time equivalent)FISCAL 202437,146 |
| (year on year variance) | (year on year variance)FISCAL 2020 (0.5%) |
(year on year variance)FISCAL 2021 4.7% |
(year on year variance)FISCAL 2022 7.1% |
(year on year variance)FISCAL 2023 3.7% |
(year on year variance)FISCAL 2024 1.2% |
| Employee median compensation (full time equivalent) | Employee median compensation (full time equivalent) FISCAL 202024,809 |
Employee median compensation (full time equivalent) FISCAL 202125,192 |
Employee median compensation (full time equivalent) FISCAL 202226,763 |
Employee median compensation (full time equivalent) FISCAL 202327,924 |
Employee median compensation (full time equivalent) FISCAL 202428,987 |
| (year on year variance) | (year on year variance)FISCAL 2020 0.7% |
(year on year variance)FISCAL 2021 1.5% |
(year on year variance)FISCAL 2022 6.2% |
(year on year variance)FISCAL 2023 4.3% |
(year on year variance)FISCAL 2024 3.8% |
| Group Chief Executive Officer | |||||
| Annual compensation (in euros) | Annual compensation (in euros)FISCAL 20201,581,263 |
Annual compensation (in euros)FISCAL 20212,594,682 |
Annual compensation (in euros)FISCAL 2022882,402 |
Annual compensation (in euros)FISCAL 20233,482,906 |
Annual compensation (in euros)FISCAL 20243,845,834 |
| (year on year variance) | (year on year variance)FISCAL 2020 (47.2%) |
(year on year variance)FISCAL 2021 64.1% |
(year on year variance)FISCAL 2022 (66.0%) |
(year on year variance)FISCAL 2023 294.7% |
(year on year variance)FISCAL 2024 10.4% |
| Ratio versus employee average compensation | Ratio versus employee average compensation FISCAL 202050 |
Ratio versus employee average compensation FISCAL 202179 |
Ratio versus employee average compensation FISCAL 202225 |
Ratio versus employee average compensation FISCAL 202395 |
Ratio versus employee average compensation FISCAL 2024104.00 |
| (year on year variance) | (year on year variance)FISCAL 2020 (47.0%) |
(year on year variance)FISCAL 2021 56.7% |
(year on year variance)FISCAL 2022 (68.2%) |
(year on year variance)FISCAL 2023 280.5% |
(year on year variance)FISCAL 2024 9.1% |
| Ratio versus employee median compensation | Ratio versus employee median compensation FISCAL 202064 |
Ratio versus employee median compensation FISCAL 2021103 |
Ratio versus employee median compensation FISCAL 202233 |
Ratio versus employee median compensation FISCAL 2023125 |
Ratio versus employee median compensation FISCAL 2024133 |
| (year on year variance) | (year on year variance)FISCAL 2020 (47.6%) |
(year on year variance)FISCAL 2021 61.6% |
(year on year variance)FISCAL 2022 (68.0%) |
(year on year variance)FISCAL 2023 278.3% |
(year on year variance)FISCAL 2024 6.4% |
| Information on Sodexo S.A. | |||||
| Employee compensation - Sodexo S.A. (in euros) | |||||
| Employee average compensation (full time equivalent) | Employee average compensation (full time equivalent) FISCAL 2020117,802 |
Employee average compensation (full time equivalent) FISCAL 2021148,412 |
Employee average compensation (full time equivalent) FISCAL 2022138,278 |
Employee average compensation (full time equivalent) FISCAL 2023157,372 |
Employee average compensation (full time equivalent) FISCAL 2024152,975 |
| (year on year variance) | (year on year variance)FISCAL 2020 (9.4%) |
(year on year variance)FISCAL 2021 26.0% |
(year on year variance)FISCAL 2022 (6.8%) |
(year on year variance)FISCAL 2023 13.8% |
(year on year variance)FISCAL 2024 (2.8%) |
| Employee median compensation (full time equivalent) | Employee median compensation (full time equivalent) FISCAL 202089,800 |
Employee median compensation (full time equivalent) FISCAL 2021103,519 |
Employee median compensation (full time equivalent) FISCAL 202292,494 |
Employee median compensation (full time equivalent) FISCAL 202396,588 |
Employee median compensation (full time equivalent) FISCAL 2024100,399 |
| (year on year variance) | (year on year variance)FISCAL 2020 18.5% |
(year on year variance)FISCAL 2021 15.3% |
(year on year variance)FISCAL 2022 (10.7%) |
(year on year variance)FISCAL 2023 4.4% |
(year on year variance)FISCAL 2024 3.9% |
| Group Chief Executive Officer | |||||
| Ratio versus employee average compensation | Ratio versus employee average compensation FISCAL 202013 |
Ratio versus employee average compensation FISCAL 202117 |
Ratio versus employee average compensation FISCAL 20226 |
Ratio versus employee average compensation FISCAL 202322 |
Ratio versus employee average compensation FISCAL 202425 |
| (year on year variance) | (year on year variance)FISCAL 2020 (41.8%) |
(year on year variance)FISCAL 2021 30.2% |
(year on year variance)FISCAL 2022 (63.5%) |
(year on year variance)FISCAL 2023 246.8% |
(year on year variance)FISCAL 2024 13.6% |
| Ratio versus employee median compensation | Ratio versus employee median compensation FISCAL 202018 |
Ratio versus employee median compensation FISCAL 202125 |
Ratio versus employee median compensation FISCAL 202210 |
Ratio versus employee median compensation FISCAL 202336 |
Ratio versus employee median compensation FISCAL 202438 |
| (year on year variance) | (year on year variance)FISCAL 2020 (55.5%) |
(year on year variance)FISCAL 2021 42.3% |
(year on year variance)FISCAL 2022 (61.9%) |
(year on year variance)FISCAL 2023 278.0% |
(year on year variance)FISCAL 2024 6.2% |
The compensation indicated for the Chief Executive Officer is that of Denis Machuel for a full year. His fixed compensation was reestablished and paid at the target level. The variable compensation for Fiscal 2020 was not paid following the cancellation decided by the Board of Directors given the health crisis linked to the Covid-19 pandemic. He received a grant of performance shares.
Sodexo employees did not receive variable compensation for Fiscal 2020 since the targets were not reached due to the health crisis. During Fiscal 2021, eligible Sodexo employees received variable compensation for the first half of the fiscal year in advance.
The compensation indicated for the Chief Executive Officer is that of the Chairwoman and CEO (Sophie Bellon). It includes her fixed compensation, the variable compensation paid for the previous fiscal year and the grant of performance shares during the fiscal year (further details on compensation for Fiscal 2024 are provided in section 7.4.2.1 of this document).
The chart below shows the change in the ratios between (i) the compensation of the Chairwoman and CEO for Fiscal 2022, 2023 and 2024 and the Chief Executive Officer for previous years and (ii) the average and median compensation of employees in the extended scope, compared with the change in the Group’s revenue and underlying operating profit.
For ease of reading, the value of the different items is expressed with Fiscal 2019 as the Base 100.
