Sodexo Completes Sale of Vivabox
(Thomson Reuters ONE) -
Paris, September 18, 2017 -- Sodexo has completed the sale of Vivabox USA
("Vivabox") to Lion Equity Partners. Vivabox is a leading provider of products
and services to the sample and subscription box industry.
Vivabox is a profitable subsidiary providing specialized marketing services to
retail businesses. The activity was not a core strategic service for Sodexo and
the Group decided to accept Lion Equity Partners' offer for Vivabox, having sold
the European Vivabox activities in 2015.
The disposal of this activity generated a capital gain in FY 2017.
The Group confirms its operating profit growth guidance at the bottom of the
8-9% range for FY2017. The currency impact on operating profit will remain just
slightly positive, but less than in the first half given the recent strength of
the Euro against the US dollar, Sterling and the Brazilian real.
About Sodexo
Founded in 1966 in Marseille by Pierre Bellon, Sodexo is the global leader in
services that improve Quality of Life, an essential factor in individual and
organizational performance. Operating in 80 countries, Sodexo serves 75 million
consumers each day through its unique combination of On-site Services, Benefits
and Rewards Services and Personal and Home Services. Through its more than 100
services, Sodexo provides clients an integrated offering developed over 50 years
of experience: from foodservices, reception, maintenance and cleaning, to
facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass
benefits for employees to in-home assistance, child care centers and concierge
services. Sodexo's success and performance are founded on its independence, its
sustainable business model and its ability to continuously develop and engage
its 425,000 employees throughout the world. Sodexo is included in the CAC 40 and
DJSI indices.
Key figures (as of August 31, 2016)
20.2 billion euro consolidated revenue
425,000 employees
19(th) largest employer worldwide
80 countries
75 million consumers served daily
17.1 billion euro in market capitalization (as of July 5, 2017)
Forward-looking information
This press release contains statements that may be considered as forward-looking
statements and as such may not relate strictly to historical or current facts.
These statements represent management's views as of the date they are made and
Sodexo assumes no obligation to update them. The reader is cautioned not to
place undue reliance on these forward-looking statements.
Contacts
+---------------------------------------------------------------+
| Analysts and Investors Media |
+---------------------------------------------------------------+
| Virginia Jeanson Laura Schalk |
| Tel. & Fax: +33 1 57 75 80 56 Tel. & Fax: +33 1 57 75 85 69 |
| virginia.jeanson(at)sodexo.com laura.schalk(at)sodexo.com |
+---------------------------------------------------------------+
Sodexo Completes Sale of Vivabox:
http://hugin.info/157633/R/2134750/816814.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sodexo via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Marapharm Ventures Inc. announces that the first plants are being grown in the Las Vegas, Nevada facilityDatum: 18.09.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 560156
Anzahl Zeichen: 3810
contact information:
Town:
Issy-les-Moulineaux
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 252 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Sodexo Completes Sale of Vivabox"
steht unter der journalistisch-redaktionellen Verantwortung von
Sodexo (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
