Revenue dip lowers Sodexo’s profits

Pre-tax profits at catering firm, Sodexo Ireland last year decreased by 13.5% to €2.8m after revenues dipped to €60.5m, new figures show.

Accounts just filed with the Companies Office show that revenues at Sodexo Ireland Ltd declined by 3.3% from €62.6m to €60.5m in the 12 months to Aug 31 last.

The drop in revenues contributed to pre-tax profits declining from €3.3m to €2.8m.