Sodexo is a société anonyme (a form of limited liability company) registered in France, with its headquarter located in Issy-les-Moulineaux. Sodexo offers a wide range of services to meet the daily needs of its clients, within its On-site Services activity, composed of Food and Facilities Management services.
Sodexo’s consolidated financial statements for the fiscal year ended August 31, 2025 were approved by the Board of Directors on October 22, 2025 and will be submitted to the Annual Shareholders Meeting on December 16, 2025.
The numbers shown in the tables were prepared in thousands of euros and are presented rounded to the nearest million euros (unless otherwise indicated).
On May 27, 2025, Sodexo Inc. (U.S. subsidiary of Sodexo S.A.) successfully completed a U.S. dollar notes issuance for an amount of 1.1 billion U.S. dollars in two tranches: (a) 600 million U.S. dollars due August 2030, with a 5.150% coupon, and (b) 500 million U.S. dollars due August 2035, with a 5.800% coupon.
The issuance was almost 7 times oversubscribed, reflecting strong investor demand.
As part of a cash tender offer, a portion of the net proceeds of the notes was used to fund the repurchase of 172.3 million U.S. dollars' worth of the Group’s existing 1.634% senior notes due 2026. The remainder of the net proceeds will be used for Group general purposes.
These transactions extended the average maturity of the Group's bond debt to 3.7 years as of August 31, 2025, compared with 3.2 years as of August 31, 2024, therefore reinforcing the Group’s financial flexibility and enabling it to proactively manage its debt.
Sodexo built on its food model transformation with the acquisition of CRH Catering, a premier convenience solutions provider and one of the largest independent operators in the Mid-Atlantic region of the United States. With this acquisition, Sodexo is reinforcing its regional presence on the East Coast and broadening its multi-channel offerings with additional micro-markets, vending, office coffee, pantry, fresh food and on-site food services.
The acquisition, announced on November 12, 2024, was completed on January 1, 2025.
Based on the provisional measurement of the assets acquired and liabilities assumed as of the acquisition date, the business combination resulted in the recognition of goodwill in an amount of 54 million U.S. dollars as of August 31, 2025, or 52 million euros at the acquisition date.
In July 2025, Sodexo announced that it had signed an agreement to acquire Grupo Mediterránea, one of Spain's leading food service providers, with annual revenues of approximately 350 million euros. With this acquisition, Sodexo will double its footprint and become one of the market leaders in food services in Spain, strengthening its positions in key segments, especially in corporate services, healthcare and education.
