Sitfel maintains its 'Hold' rating on Sodexo shares, with an unchanged target price of 99 euros.

Sodexo's sales for the 1st quarter of its 2024 fiscal year were in line with expectations, with organic growth of 8.2%.

Sodexo also confirmed its outlook, and Stifel considers this quarterly publication 'in line with expectations'.

Lastly, although no commercial update on Pluxee has been presented, Sitel believes that this should take place on the occasion of the Investor Day (CMD) on January 10.

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