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BMW, Legrand, Sodexo

EUROPE RESEARCH ROUNDUP- BMW, Legrand, Sodexo Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Legrand and Sodexo, on Wednesday. HIGHLIGHTS * BMW BMWG.DE : HSBC cuts target price to EUR 85 from EUR 109 * Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral * Legrand LEGD.PA : JP Morgan raises to overweight from neutral * Phoenix PHNX.L : Peel Hunt cuts target price to 650p from 690p * Sodexo EXHO.PA : JP M
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Into H2, JPM prefers Compass, Aramark among caterers

BUZZ-Into H2, JPM prefers Compass, Aramark among caterers ** Going into H2, J.P.Morgan prefers Compass CPG.L and Aramark ARMK.N to France's Sodexo EXHO.PA among caterers, due to stronger performance and contract wins ** JPM points to Compass' ("overweight") outstanding execution and leading scale as well as healthy H2 organic growth and a potential
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MS picks European travel and leisure stocks for Q4, ups Edenred

BUZZ-MS picks European travel and leisure stocks for Q4, ups Edenred ** Morgan Stanley says there are reasons to be "cheerful" on demand as it names its top picks for Q4 among European travel and leisure stocks ** It notes strong summer hotel data in Europe, normalising hotel data in the U.S. and roboust corporate demand ** "If anything, the consum
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Sodexo Completes Sale Of Sofinsod For EUR 918 Mln

BRIEF-Sodexo Completes Sale Of Sofinsod For EUR 918 Mln Aug 23 (Reuters) - Sodexo SA EXHO.PA : SODEXO ANNOUNCES THE COMPLETION OF THE SALE OF SOFINSOD FOR € 918 MILLION AND THE PAYMENT OF A SPECIAL INTERIM DIVIDEND SPECIAL INTERIM DIVIDEND OF EUR 6.24 PER SHARE THE EX-DIVIDEND DATE WILL BE AUGUST 27, 2024. THE RECORD DATE WILL BE AUGUST 28. THE S
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Sodexo completes 1.75 bln euros refinancing of syndicated revolving credit facility

BRIEF-Sodexo completes 1.75 bln euros refinancing of syndicated revolving credit facility July 25 (Reuters) - Sodexo SA EXHO.PA : SUCCESSFULLY COMPLETES €1.75BN REFINANCING OF THE SUSTAINABILITY LINKED SYNDICATED REVOLVING CREDIT FACILITY SUCCESSFULLY COMPLETES €1.75BN REFINANCING OF THE SUSTAINABILITY LINKED SYNDICATED REVOLVING CREDIT FACILIT
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Sodexo inches up after subsidiary Sofinsod sale

BUZZ-Sodexo inches up after subsidiary Sofinsod sale ** Shares in Sodexo EXHO.PA inch up 2% after the French food caterer finalised sale of subsidiary Sofinsod to Bellon for 918 million euros ($994.65 million), in a move to further simplify its structure ** Sodexo will distribute the sale proceeds to its shareholders through an interim dividend of EUR 6.24 per share ** RBC points out the sale price is ahead of its own valuation of the asset at EUR 801 million ** "This simplifies the ownership st
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British caterer Compass serves up second annual forecast upgrade this year

UPDATE 3-British caterer Compass serves up second annual forecast upgrade this year Q3 organic revenue growth beat expectations at 10.3% Shares rise 4.9% to top of FTSE 100 Compass says pricing has moderated, in line with inflation Adds CEO comments in paragraphs 3-4, analyst in paragraph 8 By Yadarisa Shabong July 23 (Reuters) - Caterer Compass CPG.L raised its annual profit and revenue forecasts for the second time this year on Tuesday, after third-quarter revenue beat expectations as more peo
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Pluxee's Q3 revenue miss drags shares

BUZZ-Pluxee's Q3 revenue miss drags shares Updates shares, adds comment on European revenue, additional milestones ** Shares in French voucher and benefits company Pluxee PLX.PA fall a bout 10 %, tracking their worst day ever if losses persist, after i ts Q3 revenue m issed expectations ** J.P.Morgan's Estelle Weingrod flags Q3 total operating revenue of 257 mln euros ($277.3 mln) below the company-provided consensus of 265 million, pointing to the effect of a discontinued public contract in Chi
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Pluxee shares dive due to disappointing European sales

UPDATE 2-Pluxee shares dive due to disappointing European sales Updates share reaction, adds Barclays comment in paragraph 5, details on French election in paragraphs 7-9 July 4 (Reuters) - Shares in Pluxee PLX.PA slumped more than 10% on Thursday, a day after the French meal voucher provider reported weaker than expected third-quarter sales in Europe, overshadowing its second outlook hike of the year.
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French meal voucher Pluxee shares drop on weak European sales in Q3

French meal voucher Pluxee shares drop on weak European sales in Q3 July 4 (Reuters) - Shares in Pluxee PLX.PA dropped more than 7% on Thursday after the French meal voucher company, spun off from Sodexo EXHO.PA in February, reported weaker than expected third-quarter sales in Europe on Wednesday, overshadowing its second outlook hike of the year.
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French voucher firm Pluxee raises full-year guidance again

UPDATE 2-French voucher firm Pluxee raises full-year guidance again Adds details, deal with Santander, background, Cobee unit guidance July 3 (Reuters) - French voucher and benefits company Pluxee PLX.PA upgraded its full-year organic revenue guidance for a second time this year on Wednesday after strong third-quarter growth driven by Latin America and other non-European markets.
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European stocks slide as French election, rate nerves persist

UPDATE 3-European stocks slide as French election, rate nerves persist For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window French election relief rally fades EZ inflation eases but services costs stuck STOXX 600 down 0.4%, insurers lead losses Updated at 1600 GMT By Sruthi Shankar and Jesus Calero July 2 (Reuters) - European stocks fell to two-week lows on Tuesday as the relief rally in French shares following the first round of parliamentar
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Sodexo falls after Q3 revenue misses forecast

BUZZ-Sodexo falls after Q3 revenue misses forecast ** Shares in Sodexo EXHO.PA fall 3% after the French food caterer reported Q3 revenue slightly below consensus ** Q3 revenue rises 6.8% organically to 6.07 billion euros ($6.51 billion) vs consensus forecast of 6.11 billion euros provided by the company ** RBC points to the strong YTD share price p
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French caterer Sodexo lags Q3 sales expectations on China slowdown

UPDATE 2-French caterer Sodexo lags Q3 sales expectations on China slowdown Adds share reaction in paragraph 2, CFO comments in paragraphs 3-4, details on results in paragraphs 6 and 8 July 2 (Reuters) - French food caterer Sodexo EXHO.PA reported slower quarterly sales growth on Tuesday, missing market forecasts, citing a slowdown in China and a change in how it recognises revenues from a large project in Australia.
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Sodexo Posts Q3 Revenue Below Consensus

BRIEF-Sodexo Posts Q3 Revenue Below Consensus July 2 (Reuters) - Sodexo SA EXHO.PA : Q3 REVENUE EUR 6.07 BILLION VERSUS CONSENSUS EUR 6.11 BILLION FISCAL 2024 GUIDANCE CONFIRMED Q3 ORGANIC REVENUE +6.8% YOY VERSUS CONSENSUS +7.0% Source text for Workspace: ID:nGNXHWbW8 Further company coverage: EXHO.PA (Gdansk Newsroom)
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French catering group Sodexo lags Q3 sales expectations

French catering group Sodexo lags Q3 sales expectations July 2 (Reuters) - French food caterer Sodexo EXHO.PA reported slightly lower than expected third-quarter sales on Tuesday, citing a change in how it accounts for project works related to a large contract in its Rest of the World segment. Its third-quarter revenue rose 6.8% organically from a year earlier to 6.07 billion euros ($6.51 billion), missing a consensus forecast of 6.11 billion euros provided by the company.
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