Financial Performance - First quarter Net Sales reached $7,656 million, a significant increase from $2,930 million in the same period last year[2] - Net Income for the first quarter was $382 million, with a Net Income Margin of 5.0%, compared to 6.5% in the prior year[2][10] - Adjusted EBITDA for the first quarter was $1,252 million, reflecting an Adjusted EBITDA Margin of 16.4%, slightly up from 16.2% year-over-year[2][10] - Total net sales for the three months ended March 31, 2025, reached $7,764 million, a significant increase from $2,947 million in the same period of 2024, representing a growth of approximately 163%[25] - Adjusted EBITDA for the same period was $1,252 million, compared to $475 million in the prior year, indicating a year-over-year increase of about 164%[34] - The Adjusted EBITDA margin improved slightly to 16.4% in Q1 2025 from 16.2% in Q1 2024, reflecting stable operational efficiency despite rapid sales growth[34] - North America generated net sales of $4,669 million in Q1 2025, a substantial rise from $412 million in Q1 2024, marking an increase of approximately 1035%[25] - Net income for Q1 2025 was $382 million, up from $191 million in Q1 2024, representing a growth of approximately 100%[28] Cash Flow and Investments - Cash and cash equivalents decreased to $797 million as of March 31, 2025, down from $855 million at the end of 2024, indicating a cash outflow during the period[27] - Capital expenditures for the three months ended March 31, 2025, were $477 million, compared to $208 million in the same period of 2024, reflecting increased investment in growth initiatives[28] - The company reported a net cash provided by operating activities of $235 million for Q1 2025, a significant increase from $42 million in Q1 2024[28] - Adjusted Free Cash Flow for Q1 2025 was $(144) million, compared to $(130) million in Q1 2024, indicating ongoing investment needs despite operational cash generation[37] Strategic Initiatives - The synergy program is on track to deliver $400 million, with approximately $350 million expected in the current year[5] - The company has announced the closure of over 500,000 tons of paper capacity in North America and is closing two converting facilities in the region[6] - New state-of-the-art converting plants are being constructed in Washington and Wisconsin, along with a new Bag-in-Box facility in South Carolina[7] Shareholder Returns - A quarterly dividend of $0.4308 per ordinary share has been approved, payable on June 18, 2025[13] Profitability Metrics - The company reported a Gross Profit of $1,577 million for the first quarter, compared to $710 million in the prior year[22] - Basic earnings per share attributable to common shareholders was $0.74, consistent with the previous year[22] Asset Growth - The total assets of the company increased to $44,649 million as of March 31, 2025, compared to $43,759 million at the end of 2024, showing a growth in the asset base[27]

Core Viewpoint - Smurfit Westrock PLC is set to report its first-quarter 2025 results on May 1, following the merger of Smurfit Kappa and WestRock in July 2024, with expectations of revenue growth and improved earnings per share [1][2]. Financial Estimates - The Zacks Consensus Estimate for first-quarter revenues is $7.85 billion, reflecting a 4.1% increase from the previous quarter [2]. - The earnings per share estimate is 65 cents, up from 34 cents in the prior quarter, with a 4.8% upward revision in the last 60 days [2]. - Adjusted EBITDA is projected at $1.25 billion for the first quarter of 2025 [4]. Segment Performance - The Europe, MEA, and APAC segment is expected to generate revenues of $2.61 billion, up from $2.52 billion in the fourth quarter, with adjusted EBITDA estimated at $418.6 million [6]. - North America segment revenues are estimated at $4.54 billion, slightly down from $4.59 billion, with adjusted EBITDA expected to rise to $755.3 million [7]. - The LATAM segment is projected to see revenues of $483.6 million, down from $524 million, with adjusted EBITDA estimated at $112.3 million [8]. Market Dynamics - Demand for corrugated packaging and containerboard remains stable, driven by e-commerce growth and the need for sustainable packaging solutions [3]. - However, increased costs related to recovered fiber, labor, and distribution, particularly in Europe, may negatively impact margins [4]. Earnings Prediction - The model indicates a potential earnings beat for Smurfit Westrock, supported by a positive Earnings ESP of +3.72% and a Zacks Rank of 3 [9]. Stock Performance - Smurfit Westrock's shares have decreased by 13.9% over the past six months, compared to a 4.5% decline in the industry [10].

Group 1: Share Buyback Program - Sodexo executed a share buyback program from April 22 to April 24, 2025, purchasing a total of 100,000 shares at an average price of €55.2172 [1] - The shares were acquired to fulfill obligations related to free shares award plans, as authorized by the Shareholders' Meeting on December 17, 2024 [1] Group 2: Company Overview - Founded in 1966, Sodexo is a global leader in sustainable food and facilities management services, aiming to improve quality of life and contribute to social and environmental progress [2] - The company operates in 45 countries and serves 80 million consumers daily, with a consolidated revenue of €23.8 billion for fiscal 2024 [3] - As of April 3, 2025, Sodexo has a market capitalization of €8.5 billion and is recognized as the 1 France-based private employer worldwide [3]

Wall Street expects a year-over-year increase in earnings on higher revenues when Smurfit Westrock (SW) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 1, 2025, might help the stock move higher if these key numbers are better than expec ...

Core Viewpoint - Sodexo has released its First half Fiscal 2025 Financial report, which is consistent with previously published preliminary financial information, indicating stable performance and adherence to guidance [2][3]. Financial Performance - The First half Fiscal 2025 financial report includes condensed consolidated financial statements as of February 28, 2025 [2]. - Consolidated revenues for Fiscal 2024 were reported at 23.8 billion euros [7]. - The company serves 80 million consumers daily and operates in 45 countries [7]. Company Overview - Founded in 1966, Sodexo is a global leader in sustainable food and facilities management services [4]. - The company emphasizes improving quality of life and contributing to economic, social, and environmental progress [4]. - Sodexo is recognized in various indices, including CAC Next 20 and FTSE 4 Good [4]. Employment and Market Position - As of August 31, 2024, Sodexo had 423,000 employees, making it the 1 France-based private employer worldwide [7]. - The company's market capitalization was reported at 8.5 billion euros as of April 3, 2025 [7].

Core Insights - The company reported consolidated revenues of €12.475 billion for the first half of Fiscal 2025, reflecting a year-on-year increase of 3.1% [2][7][18] - Organic revenue growth was 3.5%, down from 8.5% in the previous year, indicating a slowdown in growth momentum [2][19] - Underlying operating profit increased by 6.4% to €651 million, with an underlying operating profit margin of 5.2%, up 10 basis points from the previous year [2][36][45] - Group net profit from continuing operations decreased by 12.5% to €434 million, primarily due to an exceptional capital gain in the prior year [2][41] - The effective tax rate rose to 19.5% from 16.6% in the previous year, influenced by updates related to a tax audit [2][40] Financial Performance - Revenues for the first half of Fiscal 2025 were €12,475 million, compared to €12,101 million in the first half of Fiscal 2024, marking a 3.1% increase [2][18] - Organic growth was driven by food services, which grew by 4.5%, while facilities management services saw a growth of 1.7% [19][22] - The underlying operating profit margin improved to 5.2%, with all geographic zones showing improvements [36][45] - The company experienced a negative impact from currency fluctuations, contributing to a 0.1% decline in revenue growth [7][62] Geographic Performance - North America achieved organic growth of 3.5%, with strong performance in Sodexo Live! and Corporate Services, although this was partially offset by contract demobilizations [7][22] - Europe reported organic growth of 2.1%, driven by healthcare and seniors, but faced challenges in facilities management services [7][28] - The Rest of the World saw a robust organic growth of 6.6%, particularly in India, Brazil, and Australia [7][33] Guidance and Outlook - The full-year Fiscal 2025 guidance was revised, with organic revenue growth now expected to be between 3% and 4%, down from the initial guidance of 5.5% to 6.5% [6][58] - The underlying operating profit margin improvement is now projected to be between 10 and 20 basis points, reduced from the previous expectation of 30 to 40 basis points [6][58] Cash Flow and Debt - Free cash flow for the first half of Fiscal 2025 was a negative €234 million, compared to a negative €102 million in the previous year, primarily due to an exceptional tax outflow [14][47] - Net debt increased to €3.416 billion from €2.6 billion at the end of Fiscal 2024, reflecting seasonal cash flow patterns and dividend payments [14][49] - The net debt to EBITDA ratio stood at 2.3x, consistent with the previous year, indicating stable leverage despite increased debt levels [14][51]

Core Viewpoint - Sodexo is a global leader in sustainable food and facilities management services, emphasizing its commitment to improving quality of life and contributing to social and environmental progress [3]. Group 1: Company Overview - Founded in Marseille in 1966 by Pierre Bellon, Sodexo operates with a responsible business model and is characterized by its independence and founding family shareholding [3]. - The company serves 80 million consumers daily across 45 countries, making it the number one France-based private employer worldwide [5]. - Sodexo is included in several indices such as CAC Next 20, Bloomberg France 40, CAC 40 ESG, CAC SBT 1.5, FTSE 4 Good, and DJSI [3]. Group 2: Financial Performance - For fiscal 2024, Sodexo reported consolidated revenues of 23.8 billion euros [5]. - As of March 19, 2025, the company's market capitalization stood at 10.7 billion euros [5]. - The company employed 423,000 individuals as of August 31, 2024 [5].

Core Insights - Sodexo's first half Fiscal 2025 revenues reached €12.475 billion, reflecting a year-on-year increase of 3.1% with organic revenue growth of 3.5% [5][4] - The company has revised its full-year organic revenue growth guidance to between 3% and 4%, down from the previous range of 5.5% to 6.5% due to weaker-than-expected performance in North America, particularly in Education and Healthcare sectors [11][8] - Underlying operating profit for the first half was €651 million, up 6.4% year-on-year, with an underlying operating profit margin improvement of 10 basis points to 5.2% [10][7] Financial Performance - First half Fiscal 2025 key figures include: - Revenues: €12,475 million (2025) vs. €12,101 million (2024), a growth of 3.1% [5] - Organic revenue growth: 3.5% compared to 8.5% in the previous year [4] - Underlying operating profit: €651 million (2025) vs. €612 million (2024), an increase of 6.4% [5] - Net profit from continuing operations: €434 million (2025) vs. €496 million (2024), a decrease of 12.5% [5] Regional Performance - North America reported organic growth of 3.5%, impacted by soft volumes in Education and delays in Healthcare contract openings [5][6] - Europe experienced organic growth of 2.1%, with strong performance in Healthcare & Seniors but continued soft growth in Facilities Management [5] - The Rest of the World saw organic growth of 6.6%, driven by strong performances in Australia, India, and Brazil [5] Guidance and Strategic Focus - The company is focusing on strengthening execution in North America, particularly in commercial discipline and operational efficiency, in response to the revised guidance [9][8] - Full-year underlying operating profit margin guidance has been adjusted to an improvement of 10 to 20 basis points, down from 30 to 40 basis points [11][9]

Core Viewpoint - Smurfit Westrock has experienced a significant decline in share price, losing approximately 20.5% over the past month, underperforming the S&P 500 index [1] Earnings Report Summary - The most recent earnings report indicates a negative trend in estimates, with a consensus estimate shift of -30.62% over the past month [2] VGM Scores - Smurfit Westrock currently holds a subpar Growth Score of D and a Momentum Score of F, while achieving a Value Score of C, placing it in the middle 20% for this investment strategy. The overall aggregate VGM Score is F, which is critical for investors not focused on a single strategy [3] Outlook - The estimates for Smurfit Westrock have been trending downward, indicating a broader negative sentiment. The company holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4]

Core Insights - Sodexo has been recognized as one of the World's Most Ethical Companies for the second consecutive year, highlighting its commitment to business integrity and ethical practices [1][2][3] Company Overview - Founded in 1966 in Marseille, Sodexo is a global leader in sustainable food and facilities management services, focusing on improving quality of life and contributing to social and environmental progress [9] - As of August 31, 2024, Sodexo employs 423,000 people and serves 80 million consumers daily across 45 countries [13] Recognition Details - In 2025, a total of 136 companies were recognized across 19 countries and 44 industries, with Sodexo being the only honoree in the food service industry [2] - The recognition is based on a comprehensive evaluation across five categories, reflecting the company's strong ethical principles and behaviors [2] Performance Metrics - The 2025 honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025, indicating a positive correlation between ethical practices and business performance [4] Methodology - The assessment for the World's Most Ethical Companies is based on Ethisphere's proprietary Ethics Quotient, which requires over 240 proof points on various ethical practices and governance [5] Company Financials - For fiscal 2024, Sodexo reported consolidated revenues of 23.8 billion euros and had a market capitalization of 11.7 billion euros as of January 6, 2025 [13]