Sodexo S.A. (ENXTPA:SW) plans to list its voucher and benefits division Pluxee (Sodexo Benefits & Rewards Services) early in the year 2024, the French catering and food services group said on October 26, 2023, after price rises, a post-COVID tourism recovery and staff returning to offices boosted earnings. Sodexo's shares were up around 6% to EUR 103.6 in early trade, hitting their highest level in three years. The proposed full spin-off of Pluxee will be put to shareholders during a general meeting early next year, Sodexo said after reporting full-year organic revenue growth for the unit of 26.9%, compared to a group forecast of above 20%.

"The group benefited from the post-COVID recovery in the first half of the year and from a very good level of activity in the second half, with record visitor numbers in tourism and convention centres and a rise in prices," Sodexo's Finance Chief Marc Rolland said in a call with journalists.