Revenue to double by 2025 from post-Covid level

World leader in Quality of Life services, Sodexo, kicked off its silver jubilee celebrations in India with a host of business announcements. The company, in 2025 is poised to double its revenue from the post-Covid levels with a comprehensive range of employee experience and workplace solutions. Currently, the company caters to consumers in the corporate, healthcare, education, and remote energy & resources environment with a team of 40,000+ professionals.

Speaking on the milestone event, Rohit Bahety, Country President Sodexo India, said, “The past 25 years have been an amazing journey; full of incredible experiences, supportive clients, and sustainable growth. But our aspirations are much higher; we will double our revenues by 2025 from the post-Covid levels. To achieve this, a strong business foundation has been laid. Our food transformation initiatives, namely the strategic partnership with the start-up ecosystem and progressive investments in offsite and partner kitchens will help augment retail food whereas in Facilities Management services, we will enhance the use of Robotics, IoT and Automation to enrich consumer experience”.
Over the next 2-3 years, with the reopening and full utilization of workplaces, we expect a higher double-digit growth. We anticipate growing at 20% CAGR. In doing so, we will strengthen our leadership position in the manufacturing, healthcare, energy, and education segment, while expanding our presence in the fast-emerging white-collar office food space. Keeping profitability and sustainably at the core will be key to fuel our ambitious growth targets”, added Rohit Bahety.

Demonstrating agility and innovation in its market approach, Sodexo has evolved from offering Facility Management and Food Services to become a comprehensive Employee Experience Services Provider. This includes holistic workplace solutions with digital as an enabler. A prime example is Sodexo HTM (Healthcare Technology Management) app, the first-of-its-kind mobile application that provides maintenance of biomedical equipment and its lifecycle management. The company is in advanced stages of developing a similar one-stop solution, a technology platform to offer its suite of services like Facilities Management, Food Services & Catering and other Employee Services in different environments, including the soon-to-come Student Living and Elderly Care services. The company’s industry pioneering initiative of camp management services in the Energy & Resources environment remains unmatched.
DE&I is the cornerstone of the company’s growth strategy. With favourable policies, partnership with skill development agencies and NGOs, the company is poised to hire, retain, and offer career progression opportunities to its employees and improve the ratio of SME entrepreneurs in supply chain. In India, 23% of the frontline staff and 33% senior leaders will be women employees by 2025.

In December 2021, Sodexo presented its new brand tagline: Sodexo. It all starts with the everyday. The statement reflects Sodexo's belief that taking action on the concrete things of everyday life can significantly improve the lives of people, communities and the planet, while reaffirming a strong and committed point of view on the impact of what Sodexo does every day, for today and tomorrow. In the spotlight, therefore, are the practices and processes adopted by the company to perform its everyday business operations – aiding the progress of the communities it operates in. The company emphasises on sustainable sourcing, use of biodegradable materials and integrates its global WasteWatch program at major sites to reduce the carbon footprint and encourage a greener environment. With targets of a 50% reduction in food waste management and a 100% elimination of single-use plastics and other similar initiatives, the company plans to align all its growth programs to the sustainability goals.

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