SDXOF - Sodexo: Attractive Valuation Despite Short-Term Headwinds
Investment thesis
Over the past few months, shares of French food services company Sodexo (SDXAY) have been hammered as the company lost a significant portion of its revenues due to the virus outbreak earlier this year. With attractive relative valuation and strong historical performance, Sodexo’s recovery is going to be quick and solid.
Corporate profile
Sodexo S.A. is a French food services and facility management company operating worldwide with a presence in 80 countries and a workforce counting over 425,000 employees. Every day, the company serves over 75 million consumers, with approximately a third of