Financial performance for Fiscal 2019


1 Cash conversion= Free cash flow/ Group net profit
2 To be proposed at the Annual General Meeting on January 21, 2020  (in millions of euro)
FISCAL 2019
(ENDED AUGUST 31, 2019)
FISCAL 2018
(ENDED AUGUST 31, 2018)  DIFFERENCE  DIFFERENCE
CONSTANT RATES
Revenue  21,954  20,407  +7.6%  +6.2%
Organic growth  +3.6% +1.6%
UNDERLYING OPERATING PROFIT  1,200  1,128  +6.4%  +6.0%
UNDERLYING OPERATING PROFIT MARGIN  5.5%  5.5%  = =
Other operating expenses (141)  (131)
OPERATING PROFIT  1,059 997 +7.7%  +7.3%
Net financial expense  (100)  (90)
Effective tax rate  29.0%  27.1%
GROUP NET PROFIT  665 651 +2.2%  +1.7%
EPS  (in euro)  4.56 4.40 +3.6%
UNDERLYING NET PROFIT  765 706 +8.3%  +7.8%
UNDERLYING EPS (in euro)  5.25 4.77 +10.1%
Proposed dividend per share ( in euro)  2.902 2.75 +5.5%
Net Capital expenditure / Revenue  1.9%  1.4%
Cash conversion  136%  165%
Debt Ratio  0.9 1.0

2/32 www.sodexo.com   Commenting on the performance of the year, Sodexo CEO Denis Machuel said:

“Our Focus on Growth  strategic agenda is working with revenue growth exceeding our expectations in nearly all
regions, particularly in North America. This year we have invested in sales, marketing, training, digital  and IT ,
reinvesting productivity gains for the greatest impact  to structure solid and recurring top line growth . We have also
enhanced executio n on certain large contract s and our targeting and signing discipline is improving . Renewed
management vigor at all levels coupled with some key recruit ments  have  helped to positively evolve our culture
and further embed discipline throughout the organizat ion.

### Language ###
English

### Assessment ###
The text contains financial data including the company's revenue growth, so we could ask about basic financial performance metrics.

### Query ###
What was Sodexo's revenue growth in 2019?

(Note: This is a straightforward question that any investor or analyst might ask about a company's performance, without needing to know about this specific financial report)
What was Sodexo's revenue growth in 2019?

(Note: This is a straightforward question that any investor or analyst might ask about a company's performance, without needing to know about this specific financial report)