Sodexo Announces Fiscal 09 1Q Numbers

Sodexo North America posted organic revenue growth of 5.6% in its first 2009 fiscal quarter. It was 11% if currency impact (4.8%) and acquisitions (0.6%) are included. The company noted strong growth in healthcare, education and senior dining in making the announcement but conceded that the economic crisis has begun to weigh on the corporate dining business, which shrank 2.3% over the period.

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