On Wednesday, French catering and food services group Sodexo (EPA: EXHO) forecasted organic revenue growth of between 6 per cent and 8 per cent for financial years 2024-2025 and a margin above 6 per cent in 2025. The company aspires to refocus on food services and boost growth in its voucher business.

The company’s CEO, Sophie Bellon, said that Sodexo expects to continue improving its performance in the coming years. One of the world’s largest catering firms alongside Britain’s Compass, Sodexo expected its voucher business to deliver low-double-digit organic revenue growth for financial year 2024 and 2025 and an underlying operating profit margin exceeding 30 per cent in 2025.

Founded in 1966, Sodexo is a French food services and facilities management firm that operates in 50+ companies and serves about 100 million customers daily. The company is known for offering meal passes.

Reportedly, Sodexo had decided not to open the voucher division to external capital in May.