Pluxee, Sodexo's employee benefits division, said Wednesday it expects double-digit annual organic growth in sales in 2024.

The group presented its strategic plan and objectives a few hours before the launch of its "Capital Markets Day", ahead of its IPO on Euronext Paris, scheduled for February 1, pending a shareholder vote two days earlier.

"We are confident in our ability to achieve the ambitious strategic and financial objectives we are announcing today," said Pluxee CEO Aurélien Sonnet in a statement.

Pluxee expects its recurring earnings before interest, taxes, depreciation and amortization (Ebitda) margin in 2024 to be stable, "after taking into account headquarters costs".

In the medium term, it forecasts financial targets for 2026 of double-digit organic sales growth and improvement in recurring Ebitda margin to around 37%.

(Written by Stéphanie Hamel and Dagmarah Mackos in Gdansk, Augustin Turpin)