×

Sodexo bets on North America to drive growth recovery

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

(This story has been refiled to change the picture with no changes to the text)

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)