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European shares end flat as economic woes overshadow upbeat earnings

UPDATE 2-European shares end flat as economic woes overshadow upbeat earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Travel and leisure tops sectoral gainers Hermes underpins mood in luxury stocks Renault rises after Q3 sales beat Edenred plummets on slight Q3 miss Updated at 1605 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 24 (Reuters) - European shares gave up early gains to close little changed on Thursday a
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Sodexo up on 'reassuring' FY 2024 results

BUZZ-Sodexo up on 'reassuring' FY 2024 results ** Shares in Sodexo are up 3.6% after rising as much as 6.4% following "reassuring" results of the French service provider company ** Barcalys says the results for the year through Aug. 31 were reassuring, adding that they look better than expectations ** Sales grew 7.9% organically, above the consensus forecast of a 7.8% growth ** Group reported a record 1.9 billion euros ($2.1 billion) in new signings, but a 100 bps drop in retention to 94.2% ** "
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French caterer Sodexo sees softer sales growth in 2025 after annual beat

UPDATE 3-French caterer Sodexo sees softer sales growth in 2025 after annual beat 2024 organic sales growth at 7.9% vs consensus of 7.8% Sees organic growth of 5.5%-6.5% in 2025 Sees 30-40 bps rise in operating profit margin from 4.7% in 2024 CEO says no M&A talks with Aramark Updates shares and adds analyst comment in paragraph 3, details on contracts in paragraphs 5-7 By Dimitri Rhodes Oct 24 (Reuters) - French food caterer Sodexo EXHO.PA expects its organic sales growth to slow down to betwee
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Sodexo Eyes FY2025 Organic Growth Between +5.5% And +6.5%

BRIEF-Sodexo Eyes FY2025 Organic Growth Between +5.5% And +6.5% Oct 24 (Reuters) - Sodexo SA EXHO.PA : FY REVENUE +7.9% ORGANICALLY TO EUR 23.80 BILLION (COMPANY-PROVIDED CONSENSUS OF EUR 23.86 BILLION, +7.8%) FY UNDERL OPERATING PROFIT EUR 1.11 BILLION (COMPANY-PROVIDED CONSENSUS OF EUR 1.11 BILLION) PROPOSES DIVIDEND OF EUR 2.65/SHARE OUTLOOK 202
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French caterer Sodexo sees slowing growth in fiscal 2025

French caterer Sodexo sees slowing growth in fiscal 2025 Oct 24 (Reuters) - French food caterer Sodexo EXHO.PA expects its organic growth to slow down to between 5.5% and 6.5% in the 2025 financial year, it said on Thursday after reporting slightly higher than expected growth for the year through Aug. 31. The group, which spun off its voucher business Pluxee PLX.PA in February and is now fully focused on its catering business, added growth would be driven by new contract wins, pricing and positi
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