Pluxee Raises Forecasts Following Solid Performance in 2024

The French service provider Pluxee has raised its earnings forecasts for the years 2025 and 2026 following a strong performance in 2024. As highlighted in the company's recent announcement, it now aims to increase the recurring EBITDA margin by 75 basis points (bps) in 2025 and 2026. With this, Pluxee pursues the ambitious goal of achieving an organic increase of 250 bps within three years – even a year earlier than originally planned. The company, formerly known as Sodexo, also recorded a recurring EBITDA of 430 million euros. This amount exceeds the company's expected consensus of 426 million euros and underscores Pluxee's positive financial development. With these prospects, Pluxee looks to the future with optimism and, thanks to strong performance and strategic adjustments, is well positioned for the upcoming business years.