India, April 10 -- Shares of Sodexo S.A. were losing around 15 percent in the morning trading in Paris after the French food and facilities management services provider on Friday trimmed its fiscal 2026 outlook, after reporting weak first-half results.
Thierry Delaporte, Chief Executive Officer of Sodexo, said, "we have undeniably underperformed the market and our main competitors. The root causes have been building over time and relate primarily to under-investment and execution: commercial intensity, decision-making and prioritization, and consistency in delivery. We have conducted a thorough review of our contracts and assets, with short-term financial implications reflected in both our first-half results and in the revised outlook we a...