(Il Sole 24 Ore Radiocor) - Milano, 10 apr - Sodexo said it now expects organic revenue growth of 0.5-1.0% for the full year, down from 1.5-2.5% previously, reflecting weaker first-half commercial momentum and expectations of lower volumes in an uncertain external environment.

The underlying operating profit margin for the year is now anticipated at 3.2-3.4% compared to previous expectations that it would be "slightly lower" than the previous fiscal year. Sodex said this change reflects weaker top-line growth, execution challenges in some areas, the acceleration of investments to strengthen execution, and the impact of the review of contracts and assets.

Sodexo added that it also now expects other operating income and expenses for the year to amount to about a negative 300 million euros. That reflects the level in the first half and.

also accounts for the ongling review of contracts and assets.

(RADIOCOR) 10-04-26 08:10:54 (0108) 5 NNNN