Sodexo, the France-based contract caterer and owner of UK event caterer Sodexo Prestige saw revenue fall by 3% in the UK over the last financial year
In the corporate market that drop was even more marked, with an 8.1% fall.
The firm blamed the revenue fall on the recession, and said it expects 2010 to be equally difficult.
"These impacts will continue during fiscal [year] 2010 such that, for the coming year, consolidated revenues are likely to remain at the same level as fiscal 2009 (at a constant scope and exchange rates)," said Sodexo CEO Michel Landel.
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