Sodexo Profit Drops 16%
November 14, 2013 at 07:20 AM EST
French company Sodexo (OTC: SDXAY ) reported a 16% drop in its net profit for the fiscal year ended August 31. Sodexo's net profit for the year declined to 439 million euros ($593 million), versus EUR525 million, in the year-ago period. Its overall revenue climbed to EUR18.40 billion from EUR18.24