Market Updates
Europe Movers: J Sainsbury, Sodexo
Inga Muller
01 Jul, 2025
Frankfurt
Sodexo Group traded up 1.3% to €52.90 after the French catering services provider to airlines reported sales results for the fiscal third quarter of 2025.
Revenue climbed to €6.12 billion from €6.07 billion a year ago, as North America sales declined 1.1%, Europe sales edged up 3.8%, and the rest of the world segment dropped 0.2%.
For the nine-month period, sales jumped to €18.60 billion from €18.17 billion a year earlier, as North America sales rose 2.2%, Europe sales increased 2.5%, and the rest of the world segment rose 2.2%.
On April 30, the company completed the acquisition of Agap’pro, a purchasing organization in the French market.
The food services company guided full-year revenue growth between 3% and 4%, compared to €23.8 billion in 2024.
J Sainsbury Plc. gained 1.7% to 294.76 pence after the UK-based food retailer released its first-quarter trading update for the sixteen weeks to June 21.
Total Sainsbury’s sales climbed to £7.80 billion from £7.43 billion a year ago.
Same-store sales excluding fuel jumped 4.7% in the quarter, while including fuel, sales were up 2.2% from a year ago.
Retail sales excluding fuel increased to £8.92 billion from £8.51 billion, while retail sales including fuel rose to £10.04 billion from £9.80 billion a year earlier.
Argos sales were up 4.4% to £1.12 billion from £1.08 billion in the same quarter a year ago.
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