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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Sodexo    SW   FR0000121220

SODEXO

(SW)
  Report
Delayed Quote. Delayed Euronext Paris - 10/26 12:36:19 pm
59.84 EUR   -2.98%
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Sodexo : All ranks common room opens at RAD Benson

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09/18/2020 | 12:18pm EDT

The exciting new £400,000 facility will provide a relaxed environment where personnel and families can purchase refreshments, meals and snacks. Located in the Junior Ranks Mess building at the heart of the domestic site and managed by Sodexo, it will significantly enhance the current provision.

The Station's vision was for a relaxing, welcoming all-ranks facility that would reduce isolation and provide flexibility in catering for personnel on the busy operational unit. With support from the Defence Infrastructure Organisation (DIO), particularly the commercial and finance teams, that vision is now a reality.

Working closely together, DIO, Sodexo and the Station agreed plans, coordinated fixtures and fittings and delivered the innovative facility. Despite the added complications of lockdown, it progressed quickly and was opened within 9 months of approval. Funding for the project was from both public and non-public funds, including a grant of £150,000 from the RAF Benevolent Fund.

Andy Honnor, DIO's Regional Head for the South East said:

This project is the result of a good relationship with RAF Benson and their request for a facility which would enhance the lived experience of their personnel. We were able to adapt plans used for a similar project elsewhere to create a much-improved social space, tailored to the needs of RAF Benson personnel, where they can relax, eat, drink and meet friends. We hope they enjoy the improvements we've made.

Group Captain Adam Wardrope, Station Commander of RAF Benson said:

This new Common Room is a fantastic facility and it will make a huge difference to the whole force here. It's been a real team effort to keep driving forward with this project, despite all the challenges that lockdown posed, and we really appreciate how hard DIO and Sodexo have worked to help make our vision a reality.

Paul Anstey, CEO Government & Agencies, Sodexo UK & Ireland said:

The approach focuses on the wellbeing of serving members of the military and their families, helping to relieve isolation and boredom. Working in collaboration with the DIO and the team on-site has given us an opportunity to create an environment for military personnel to relax in, that's aligned with the latest high-street dining trends and where everyone is welcome.

The facility was officially opened on 11 September 2020 by the RAF Chief of Staff for Personnel, Air Vice-Marshal Maria Byford, and the Controller of the RAF Benevolent Fund, Air Vice-Marshal (Retired) Chris Elliot.

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE


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Financials
Sales 2020 19 251 M 22 752 M 22 752 M
Net income 2020 -59,9 M -70,7 M -70,7 M
Net Debt 2020 2 129 M 2 517 M 2 517 M
P/E ratio 2020 -126x
Yield 2020 1,02%
Capitalization 8 983 M 10 633 M 10 616 M
EV / Sales 2020 0,58x
EV / Sales 2021 0,55x
Nbr of Employees 470 000
Free-Float 55,4%
Chart SODEXO
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Technical analysis trends SODEXO
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TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 71,50 €
Last Close Price 61,68 €
Spread / Highest target 55,6%
Spread / Average Target 15,9%
Spread / Lowest Target -10,8%
EPS Revisions
Managers
NameTitle
Denis Machuel Chief Executive Officer
Sophie Clamens Chairman
Marc Rolland Chief Financial Officer
Pierre Bellon Chairman-Emeritus
Robert Baconnier Director
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