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Sodexo Announces 7.4% Increase In Revenues For First Quarter Fiscal 2013

Regulatory News:

Sodexo (PARIS:SW) (OTCBB:SDXAY) (NYSE Euronext Paris FR 0000121220-OTC: SDXAY), global leader in Quality of Life services, today announced revenues for the first quarter of Fiscal 2013, ended November 30, 2012.

Breakdown of revenues by activity and geographic zone
Revenues

in millions of euro
     

Q1 Fiscal 2013
     

Q1Fiscal2012
     

Organic growth (1)
     

Organic growth excluding Rugby (2)
     

Currencyimpact (3)
      Acquisitions (4)       Total change
North America       1,935       1,771       + 0.6%               + 7.3%       + 1.4%       + 9.3%
Continental Europe       1,519       1,466       + 2.0%               + 0.8%       + 0.8%       + 3.6%

Rest of the World (LatinAmerica, Africa, MiddleEast, Asia, Australia andRemote Sites)
      949       847       + 8.6%               + 3.5%       + 0.1%       + 12.2%
UK and Ireland       369       357       - 7.3%       + 8.5%       + 7.3%       + 3.1%       + 3.1%
Total On-site Services       4,772       4,441       + 1.9%       + 3.2%       + 4.4%      

+ 1.1%
      + 7.4%
Benefits and Rewards Services*       183       175       + 6.7%               - 3.2%       + 0.7%       + 4.2%
Intra-group eliminations       (3)       (4)                                        
TOTAL       4,952       4,612       + 2.1%       + 3.3%       + 4.2%       + 1.1%       + 7.4%

(1) Organic growth: increase in revenues at constant scope and exchange rates

(2) Organic growth excluding the positive impact of € 52 million related to the Rugby World Cup in first quarter of Fiscal 2012

(3) Principal changes in exchange rates are detailed in Appendix 2 (page 12)

(4) Acquisitions: Roth Bros (USA), facilities management activities of Atkins (UK), Lenôtre (France) and Servi-Bonos in Benefits and Rewards Services (Mexico).

Commenting on the figures,Sodexo CEO Michel Landel said:

"The relevance of our integrated Quality of Life services offer, our leadership in emerging markets and the breadth of our global network have continued to drive Sodexo’s growth during the first quarter. With these strengths, we are confident in our ability to seize growth opportunities in our markets, even if in the short term Sodexo’s organic growth is likely to be modest given the current economic environment, particularly in Europe.”

Organic growth analysis
in millions of euro      

1st Quarter Fiscal 2013
     

1st Quarter Fiscal2012
      Organic growth      

Organic growth excluding Rugby
Corporate       2,449       2,233       + 4.2%       + 6.7%
Health Care and Seniors       1,091       1,047       - 1.0%        
Education       1,232       1,161       + 0.2%        
Total On-site Services       4,772       4,441       + 1.9%       + 3.2%

Benefits and Rewards Services
      183       175       + 6.7%        
Eliminations       (3)       (4)                
TOTAL       4,952       4,612       + 2.1%       + 3.3%
                       

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