Sodexo Backs Forecast After 1Q Revenue Growth

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Sodexo posted an increase in revenue for the first quarter and said it is on track to meet its fiscal 2024 targets.

The French catering and food service company on Friday posted revenue of 6.29 billion euros ($6.89 billion) for the quarter ended in November, up 8.2% organically from the same period last year. On a reported basis, revenue grew 3.1%.

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