Sodexho U.S. Up 8.7% in 1Q

Sodexho Alliance reported organic growth of 8.7% in its North American operations in its first 2007 fiscal quarter, ended November 30. The actual growth rate was 5.4% after accounting for a 3.3% negative currency impact (Sodexho reports in Euros).

The company attributed the increase to "continued dynamism" in the healthcare, senior care and education segments and "renewed activity" in B&I characterized by good comparable unit growth, continued demand for catering services and a re

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