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Sodexo warns of deeper fall in sales as coronavirus persists

Sodexo warns of deeper fall in sales as coronavirus persists

French catering giant Sodexo said Wednesday the revenue for the quarter ending May 31 fell to 3.91 billion euros from 5.68 billion euro for the third quarter of fiscal 2019. The firm said it expects sales for the fourth quarter ending on Aug. 31 to fall 27%, and forecast a 28% slump of around 3 billion euros ($3.4 billion) in the second half of its fiscal year.

Simone
Simone
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