Catering group Sodexo's third-quarter revenue beats estimates

French catering and food services group Sodexo reported good revenue for the third quarter

French catering and food services group Sodexo on Friday reported better-than-expected revenue for the third quarter, citing strong growth in all business segments and geographies, helped by price hikes and post-Omicron volume recovery.

Qazet.az reports that the Paris-based firm's revenue rose by 18.3% organically to 5.52 billion euros ($5.77 billion) in the three months ended May 31, against a 5.33 billion euro average estimate from analysts polled by the company.