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Sodexo (LTS:0J3F) Other Assets for Insurance Companies


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What is Sodexo Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Sodexo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (LTS:0J3F) » Definitions » Other Assets for Insurance Companies
Address
255, quai de la Bataille-de-Stalingrad, Issy-les-Moulineaux, Cedex 9, Paris, FRA, 92130
Sodexo is one of the largest food service companies globally, operating in 45 countries with annual sales of more than EUR 20 billion. Sodexo's model rests on operating on-premises catering facilities, rather than centralized industrial kitchens. Food services remains the largest business segment, contributing 64% of revenue in 2023. Sodexo has its own group purchasing organization, or GPO, Entegra, with annual purchasing of over EUR 37 billion. The company spun off its benefits and service business, Pluxee, and now focuses on food services and its second business, facilities-management services.