Sodexo Live! delivered robust organic growth of +11.2%, fueled by strong activity in airline lounges, conference centers, stadiums and arenas.
Healthcare & Seniors organic growth was +1.8%, supported by price increases, volume growth, and cross-sales. Performance was affected by site losses in Canada and in Seniors, as well as by a slow ramp-up of new business in U.S. Healthcare, with new contracts beginning to contribute in the fourth quarter.
In Education, organic growth was -1.1%, with performance impacted by prior-period contract exits.
| REVENUES BY SEGMENT (in million euros) | FISCAL 2025 | FISCAL 2024 | RESTATED ORGANIC GROWTH(1) |
|---|---|---|---|
| Business & Administrations | Business & Administrations FISCAL 2025 4,746 |
Business & Administrations FISCAL 2024 4,681 |
Business & Administrations RESTATED ORGANIC GROWTH (1)+1.2 % |
| Sodexo Live! | Sodexo Live! FISCAL 2025 707 |
Sodexo Live! FISCAL 2024 750 |
Sodexo Live! RESTATED ORGANIC GROWTH (1)-6.2 % |
| Healthcare & Seniors | Healthcare & Seniors FISCAL 2025 1,987 |
Healthcare & Seniors FISCAL 2024 1,885 |
Healthcare & Seniors RESTATED ORGANIC GROWTH (1)+6.7 % |
| Education | Education FISCAL 2025 1,153 |
Education FISCAL 2024 1,132 |
Education RESTATED ORGANIC GROWTH (1)+1.3 % |
| EUROPE TOTAL | EUROPE TOTAL FISCAL 2025 8,593 |
EUROPE TOTAL FISCAL 2024 8,448 |
EUROPE TOTAL RESTATED ORGANIC GROWTH (1)+1.7 % |
Fiscal 2025 Europe revenues totaled 8.6 billion euros, up +1.7% organically, or +2.7% excluding the base effect of the Olympics and the Rugby World Cup.
In Business & Administration, organic growth was +1.2%, supported by price revisions and new site openings, though partially offset by softer activity levels in FM and the impact of some contract exits.
Sodexo Live! organic growth came in at -6.2%, or +5.1% excluding the base effect of the Olympics and the Rugby World Cup, reflecting strong tourist activity in France and robust volume growth in airport lounges and stadiums in the UK.
Healthcare & Seniors organic growth stood at +6.7%, driven by strong commercial momentum across the zone as well as sustained volume growth and price revisions.
In Education, organic revenue growth was +1.3%, reflecting the positive impact of price revisions, partly offset by the exit of some low-performing contracts in France.
| REVENUES BY SEGMENT (in million euros) | FISCAL 2025 | FISCAL 2024 | RESTATED ORGANIC GROWTH(1) |
|---|---|---|---|
| Business & Administrations | Business & Administrations FISCAL 2025 3,708 |
Business & Administrations FISCAL 2024 3,694 |
Business & Administrations RESTATED ORGANICGROWTH (1)+6.5 % |
| Sodexo Live! | Sodexo Live! FISCAL 2025 54 |
Sodexo Live! FISCAL 2024 46 |
Sodexo Live! RESTATED ORGANICGROWTH (1)+20.4 % |
| Healthcare & Seniors | Healthcare & Seniors FISCAL 2025 352 |
Healthcare & Seniors FISCAL 2024 337 |
Healthcare & Seniors RESTATED ORGANICGROWTH (1)+16.2 % |
| Education | Education FISCAL 2025 187 |
Education FISCAL 2024 162 |
Education RESTATED ORGANICGROWTH (1)+10.4 % |
| REST OF THE WORLD TOTAL | REST OF THE WORLD TOTAL FISCAL 2025 4,301 |
REST OF THE WORLD TOTAL FISCAL 2024 4,239 |
REST OF THE WORLD TOTALRESTATED ORGANIC GROWTH (1)+7.5 % |
Fiscal 2025 Rest of the World revenues were 4.3 billion euros. Organic growth was +7.5%, underpinned by strong activity levels across most geographies, supported by price increases and solid commercial momentum. Performance was particularly strong in India, fueled by new business wins and higher volumes on existing sites, in Australia, supported by additional volumes and robust development, and in Brazil, driven by price revisions and sustained volume growth.
Fiscal 2025 underlying operating profit was 1.1 billion euros, up +2.7%, or +5.0% excluding currency effects. The underlying operating profit margin, including corporate expenses, reached 4.7%, up +10 basis points at constant currencies.
| (in million euros) | UNDERLYING OPERATING PROFIT FISCAL 2025 | CHANGE | CHANGE (EXCLUDING CURRENCY EFFECT) | UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025 | CHANGE IN MARGIN | CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT) |
|---|---|---|---|---|---|---|
| North America | North America UNDERLYING OPERATING PROFIT FISCAL 2025 645 |
North America CHANGE -0.8% |
North America CHANGE (EXCLUDING CURRENCY EFFECT) +1.4% |
North America UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025 5.8% |
North America CHANGE IN MARGIN -10 bps |
North America CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT) 0 bps |
| Europe | Europe UNDERLYING OPERATING PROFIT FISCAL 2025 367 |
Europe CHANGE +8.3% |
Europe CHANGE (EXCLUDING CURRENCY EFFECT) +6.7% |
Europe UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025 4.3% |
Europe CHANGE IN MARGIN +30 bps |
Europe CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT) +20 bps |
| Rest of the World | Rest of the World UNDERLYING OPERATING PROFIT FISCAL 2025 211 |
Rest of the World CHANGE +2.4% |
Rest of the World CHANGE (EXCLUDING CURRENCY EFFECT) +10.8% |
Rest of the World UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025 4.9% |
Rest of the World CHANGE IN MARGIN 0 bps |
Rest of the World CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT) +20 bps |
| Corporate expenses/HQ costs | Corporate expenses/HQ costs UNDERLYING OPERATING PROFIT FISCAL 2025 (84) |
Corporate expenses/HQ costs CHANGE -2.3% |
Corporate expenses/HQ costs CHANGE (EXCLUDING CURRENCY EFFECT) -2.3% |
Corporate expenses/HQ costs UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025
|
Corporate expenses/HQ costs CHANGE IN MARGIN
|
Corporate expenses/HQ costs CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT)
|
| UNDERLYING OPERATING PROFIT | UNDERLYING OPERATING PROFIT UNDERLYING OPERATING PROFIT FISCAL 2025 1,139 |
UNDERLYING OPERATING PROFIT CHANGE +2.7% |
UNDERLYING OPERATING PROFIT CHANGE (EXCLUDING CURRENCY EFFECT) +5.0% |
UNDERLYING OPERATING PROFIT UNDERLYING OPERATING PROFIT MARGIN FISCAL 2025 4.7% |
UNDERLYING OPERATING PROFIT CHANGE IN MARGIN 0 bps |
UNDERLYING OPERATING PROFIT CHANGE IN MARGIN (EXCLUDING CURRENCY MIX EFFECT) +10 bps |
