×

Sodexo bets on North America to drive growth recovery

By Thomson Reuters Jul 16, 2026 | 1:17 AM

By Lucie Barbier and Dimitri Rhodes

July 16 (Reuters) – French food caterer Sodexo said on Thursday it expects faster ​revenue growth from 2027 as it ‌seeks to revive performance through stronger execution and expansion in North America, its largest market.

The company now expects organic revenue growth of ‌2% ​to 3% in ⁠2027, compared with expected ⁠growth of 1.2% to 1.5% in 2026.

Sodexo’s new CEO announced in April a review of the company’s execution ​and contracts, citing underinvestment, inconsistent performance and slow decision-making.

“In terms of countries, ⁠obviously, the absolute priority ⁠is the United States,” CEO ​Thierry Delaporte said on a wire call.

The ​company, which generates roughly half of ‌its revenue in North America, warned in October 2025 that weak performance in education and healthcare in its single ⁠largest market would weigh on this year’s results, aiming to restore growth from 2027.

“It’s the ⁠largest ‌market in the world, and ⁠it’s also a rapidly growing ​market,” ‌Delaporte added.

The group also aims ​for organic ⁠revenue growth above 5% in full-year 2030, with net new business above 3%.

(Reporting by Lucie Barbier and Dimitri Rhodes in Gdansk; Editing by Matt Scuffham and ​Bartosz Dabrowski)