DOCSLIB.ORG

DATABANK INSIDE the CITY SABAH MEDDINGS the WEEK in the MARKETS the ECONOMY Consumer Prices Index Current Rate Prev

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

10 The Sunday Times November 15, 2020 BUSINESS Liam Kelly QUINDELL History made at now led by Bill Winters and deserted Big Apple, asset Quindell’s Terry keeps chairman Jose Viñals, settled management titan Martin FUNNY BUSINESS StanChart at last its claims with the DoJ last Gilbert laments the closure of year and paid a $1.1bn (then golf clubs, and former Grant new firm in the family When writing the complete £842m) fine, so is clear to Thornton boss Sacha story of a 167-year-old glorify its past once again. Romanovitch sympathises Rob Terry is up to his old Terry, who now sports a institution, what harm could with the poor (no, not the tricks again. The disgraced suspiciously dark hairdo a few years’ delay do? Back in accountancy partners who founder of Quindell, the compared with his 2016, Standard Chartered A horror story forced her out as the firm’s insurance technology previously greying thatch, halted publication of its profits slumped). developer he was ousted declines to comment. official history at such short from Souter The book may not be great from in 2014 amid scandals, As well as running OS3 — notice that it had to rescind One book that has had a less for people whose spirits need has been building up OS3 which posted a £10.9m pre- more than 300 invitations to tortured birth is Leaders in lifting, however. “As we come Digital, another venture in tax loss last year — the couple City types for the launch of Lockdown, a series of out of lockdown, things will the insurance sector. own Quob Park, a 170-acre Crossing Continents. Written interviews with high-flyers by get horribly worse,” Terry stepped down as Hampshire estate that has by the author and historian former BBC news executive Stagecoach founder Sir Brian chief executive last year, but just launched a range of Duncan Campbell-Smith, it Atholl Duncan. Former Souter tells Duncan. remained on the board and English sparkling wine. spans the beginnings of New York Times boss Mark has since made himself A source close to Terry Standard Bank in Africa and Thompson talks of cycling executive chairman. insists that shareholders are Chartered Bank in Asia his Brompton around a Business and Fortunately for him, he did on board and Tracey, 49, is through to their 1969 merger not have to look far for a new “more than qualified” for the and the present day. politics can mix chief executive. After a job. But it is surely enough to Recent history got in the Oh for a prime minister who “strategic review”, the make governance wonks — way of the party. At the time, is happy to lend an ear to 51-year-old has picked ... and the small investors who the FTSE 100 giant was being business. Alfie Best seems to TWITTER POLL Tracey Terry, his wife and lost millions when Quindell pursued by the US have found one. The caravan Yes No a former Quindell finance imploded — spit out their Department of Justice (DoJ) park tycoon, whose latest director, for the job. bubbly in disgust. Fizzing back: Rob Terry has launched a new wine range over sanctions-busting in bold bet is running his Iran and had been gripped by Wyldecrest Parks remotely 60% 40% 6 Leather is the new Lycra, at least if the moves at Sir Jim boardroom turmoil, with from the Caribbean, has been Ratcliffe’s sprawling empire are anything to go by. Fran Millar, JUST SAYING . chief executive Peter Sands cosying up to Mia Mottley, who ran the Ineos billionaire’s professional cycling team for and chairman Sir John Peace prime minister of Barbados. 18 months, has hopped off the saddle to become chief forced out. Best, 50, who I am assured executive of Belstaff, Ratcliffe’s jacket-maker. The 42-year-old Constantly changing national Four years later, Prufrock is happily married, got used replaces former Anya Hindmarch and Karl Lagerfeld and local regulations ... are can reveal that the 944-page to life on the island during executive Helen Wright, 54, after years of disappointing tome will finally hit the lockdown and, as the photo performance. It lost a combined £100m in 2017 and 2018. baffling and confusing bookshops next May. “I don’t shows, has had a warm With ministers poised to While Millar led the peloton at Team Ineos, formerly Team actually know what reception from Mottley, 55, tighten rules on foreign Sky, two of its riders — Colombian Egan Bernal and Britain’s happened,” Campbell-Smith, who became PM in 2018. The takeovers, do you think it Tao Geoghegan Hart — won the Tour de France and Giro JD Wetherspoon founder Tim Martin 69, says of the delay. opposite of how Boris should be more difficult d’Italia, respectively. Monaco-based Ratcliffe, 68, will be lashes out at the latest Covid restrictions A cynic might point out Johnson has been treating to buy British firms? hoping, that under Millar, Belstaff will be similarly successful. as sales slump at the pubs chain that Standard Chartered, Island life: Best and Mottley business. @ST_Business DATABANK INSIDE THE CITY SABAH MEDDINGS THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 DOLLAR in the 1930s, Diploma is a jack- Life sciences make up FTSE 100 USD > GBP 0.5% 0.2% of-all trades FTSE 250 about 25% of the group, CPI including housing current rate prev. month Diploma 8,000 provider of industrial seals, largely focused on Australia $1.32 0.7% 0.5% gaskets, wiring and cabling, and Canada, with the rest U 0.01 banks on along with healthcare spread across industrial and 12-month high: $1.34 Retail prices index current rate prev. month 7,000 low: $1.15 equipment used in elective specialist wiring and cabling. 1.1% 0.5% surgery. The specialist nature Much depends on how EURO medics for 6,316.39 Average weekly earnings on prev. month on last year 6,000 EUR > GBP of much of the equipment has quickly health services clear 406.37 H: 7,674.6 allowed Diploma to thrive on the elective surgery backlog. 6.88% L: 4,993.9 £553 U 0.2% U 1.3% Unemployment current rate prev. month recovery margins of more than 17%. The acquisition of Windy 5,000 €1.12 The company also has a City Wire builds on Diploma’s FTSE 250 U 0.01 12-month high: €1.20 1.62m 4.8% 4.5% When Johnny Thomson, the “buy and build” strategy, controls division — which 2019 2020 low: €1.06 Source: Thomson Reuters Eikon Manufacturing output on the year on last month boss of Diploma, announced creating earnings growth by supplies Formula One and the YEN in September that he was snapping up niche suppliers. new Crossrail and HS2 rail RISERS FALLERS SSP: 329.8p U 76.6% on vaccine hopes Fresnillo: £11.24 V 14.2% on silver price YEN > USD V 7.9% U 0.2% spending £357m on an The pandemic has taken its lines — and brings a network Capita: 39.2p U 62.6% on upbeat drop Games Workshop: 98.5p V 14.1% Retail sales on the year on last month American acquisition, he was toll, however: in April, its with warehouses across update Cineworld: 43.8p U 52.1% on on profit taking Hochschild Mining: rewarded with a 27% bounce underlying revenue plunged America. Despite the deal, its leisure surge Capital & Counties: 141p 235.4p V 12.9% on metals decline ¥104.59 U 4.7% U 1.5% 19,270.00 U 40.1% on property outlook Gamesys: £10.54 V 12.2% on tech drop U 1.26 in the company’s shares. 28% (16% on a reported basis debt remains low at one times 1,352.17 H:22,108.3 International Airlines Group: 144.6p Ocado: £22.83 V 11.5% on vaccine 12-month high: ¥112.11 progress Source: Refinitiv/AJ Bell low: ¥102.34 The acquisition of Windy thanks to acquisitions). Its life underlying profits. 7.55% L:12,829.7 U 39.6% on travel prospects UK trade latest 3 mths prev. 3 mths latest 12 mths City Wire bought Diploma, sciences sector was hardest Shares in the company OIL balance (£bn) +8.62 +9.47 +22.04 which supplies technical hit, due to the cancellation of closed on Friday at £22.96, DOLLARS/BARREL DOW JONES FTSE EUROFIRST Gross domestic latest quarter prev. quarter annual change products and services, non-urgent surgery, when it valuing it at £2.9bn. HANG SENG product greater clout in the US and was down 39%. But by July, it Analysts have so far been 29,479.81 26,156.86 1,489.57 $42.78 U 15.5% V 19.8% V 9.6% 4.84 propelled it to a valuation of had bounced back and was cautious: Berenberg has a 1,156.41 H:29,551.4 443.89 H:29,056.4 71.44 H:1,690.8 U Budget deficit latest month prev. month year-to-date 4.08% L:18,591.9 1.73% L:21,696.1 5.04% L:1,096.5 12-month high: $71.75 (PSNB) in £bn more than £2.5bn. It was no just 6% down on last year. £21.50 target on the stock, low: $15.98 -36.1 -30.1 -208.5 surprise: Thomson had There is also a lot of pent-up while Numis is predicting NASDAQ SHANGHAI SENSEX GOLD joined from the catering giant demand for elective surgery.
Recommended publications
  • Enhance Innovation and Agility with Digital Twins Executive Summary

    Enhance Innovation and Agility with Digital Twins Executive Summary

    Enhance innovation and agility with Digital Twins Executive Summary There’s no denying we live in uncertain and rapidly changing times and companies are looking for every opportunity to become more agile. Digital twins is a rapidly emerging technology that delivers to this end. Not to be confused as a mere dashboard, a digital twin is a virtual replica of a physical object, machine part, system, process or entire lifecycle. Digital twin technology enables real-time monitoring and control, the ability to learn with AI and ML, to autonomously update, self-heal, and even improve systems and designs over time. This paper seeks to achieve four objectives. First, to help the reader understand Digital twin technology and its potential. Second, to provide a structured way of looking at the various use cases and applications of this technology. Third, to feature Microsoft partners who have differentiated capabilities that bring digital twin visions to life. Fourth, to discuss the Azure Digital Twin platform and other investments from Microsoft in this space. Digital twin technology is commonly applied to manufacturing across key applications that span manufacturing scenarios/use-cases. The priority scenarios, or use cases, as they relate in Manufacturing are 1) Product, 2) Factory, 3) Supply Chain, and 4) Spaces. The top applications include configuration management, asset management, process control, performance management and simulation modeling. Configuration management tracks bills of materials, around assets as designed, manufactured, configured, and maintained. E.g. For complex & expensive assets like aircrafts this information is typically maintained by tail number. Asset management deals with telemetry of an asset itself and gives insight in to how something is working.
  • Parker Review

    Parker Review

    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
  • Marketing Particulars

    Marketing Particulars

    On the Instruction of Lloyds Banking Group TO LET – NEW LEASE AVAILABLE CHESTER, 4 Foregate Street CH1 1HA Location Chester is an historic city located approximately 36 miles south west of Manchester, and approximately 25 miles south of Liverpool. It is located at the western end of the M56 motorway, which links with the M6 and M60 motorways. The property is situated on Foregate Street, the prime retail pitch within Chester city centre. Nearby occupiers include Lloyds Bank, HSBC Bank, WHSmith, Clarks and JD Sports. Description The ground floor comprises a shell unit with open plan floor space. The basement floor consists of ancillary storage and toilets. Accommodation • Prime Retail Location • Heavy Footfall Ground Floor 34.90 sq m 376 sq ft • New lease terms available Basement Floor 78.78 sq m 794 sq ft EPC An EPC can be made available upon Tenure request. The property is available on an FRI Leasehold basis. Viewing Length of term to be negotiated. By appointment via this office: Rent Ross Jackson £40,000 pax. t: + 44 161 233 5492 e: [email protected] Rates CBRE Limited We are informed by the Local Rating Authority that the current rateable Henrietta House, Henrietta Place value of the property is £34,500 and the rates payable are £17,008.50. London W1G 0NB The UBR for 2018/2019 is 49.3 p. Interested parties are advised to make www.cbre.co.uk/retail their own enquiries with the Local Authority for verification purposes. Date of Issue 13 th June 2018 On the Instruction of Lloyds Banking Group TO LET – NEW LEASE AVAILABLE CHESTER, 4 Foregate Street CH1 1HA DISCLAIMER: CBRE Limited CBRE Limited on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1.
  • Aviso De Derechos Para Emisoras Del SIC

    Aviso De Derechos Para Emisoras Del SIC

    Aviso de Derechos para emisoras del SIC FECHA: 22/06/2021 BOLSA MEXICANA DE VALORES, S.A.B DE C.V, INFORMA: FOLIO DE REFERENCIA DEL EVENTO CORPORATIVO 145737 FOLIO DE REFERENCIA INDEVAL 308327C001 TIPO DE MENSAJE NEW COMPLETO / INCOMPLETO INCOMPLETE CONFIRMADO / NO CONFIRMADO UNCONFIRMED CLAVE DE COTIZACIÓN MROS RAZÓN SOCIAL MELROSE INDUSTRIES PLC SERIE N ISIN GB00BZ1G4322 MERCADO PRINCIPAL LONDON STOCK EXCHANGE TIPO DE EVENTO REVERSE STOCK SPLIT/CHANGE IN NOMINAL VALUE MANDATORIO / OPCIONAL / VOLUNTARIO Mandatory FECHA EFECTOS 31/08/2021 FECHA EXDATE 31/08/2021 FECHA REGISTRO 27/08/2021 OPCIÓN 1 TIPO Security DEFAULT true TRANSACCIÓN Securities Movement CREDIT / DEBIT Debit FECHA DE PAGO 31/08/2021 Bolsa Mexicana de Valores S.A.B. de C.V. 1 Aviso de Derechos para emisoras del SIC FECHA: 22/06/2021 VALORES A RECIBIR GB00BZ1G4322 TRANSACCIÓN Securities Movement CREDIT / DEBIT Credit FECHA DE PAGO 31/08/2021 NewToOld RATIO 9 / 10 VALORES A RECIBIR GB00BNR5MZ78 DISPOSICIÓN FRACCIONES RoundDown NOTAS DEL EVENTO CORPORATIVO NOTA (22/06/2021) RETURN OF CAPITAL AND SHARE CONSOLIDATION Melrose Industries PLC has announced the completion of the GBP2.62 billion (USD3.625 billion) disposal of its Nortek Air Management Division to Madison Industries LLC and has confirmed the proposed return of approximately GBP730 million in cash to Shareholders, equivalent to 15 pence per Existing Ordinary Share. A circular seeking the approval of Shareholders in respect of the Proposed Return of Capital will be posted on 22 June 2021. As previously announced, in addition to funding the Proposed Return of Capital, the net Disposal proceeds will be used to contribute approximately GBP100 million to the GKN UK defined benefit pension schemes, so that the funding deficit will be less than GBP200 million, as well as to reduce Group net debt, so that the leverage in the Group adjusting for the Proposed Return of Capital will be below 2x EBITDA as at 30 June 2021.
  • N5925 Cover 99

    N5925 Cover 99

    WHITBREAD PLC ANNUAL REPORT AND ACCOUNTS 1998/9 ANNUAL REPORT OUR BUSINESSES ARE POSITIONED IN MARKETS WHERE GROWTH IS DRIVEN BY WELL-ESTABLISHED CONSUMER TRENDS. IN ADDITION, MANAGEMENT HAS TAKEN FURTHER ACTION TO STRENGTHEN THE CONSUMER APPEAL OF OUR BRANDS, PARTICULARLY THROUGH ENHANCED CUSTOMER SERVICE, AND REMAINS FOCUSED ON IMPROVING RETURNS THROUGH INCREASED EFFICIENCY. CONTENTS 2 FINANCIAL HIGHLIGHTS 4CHAIRMAN’S STATEMENT 5 COMPANY OVERVIEW 6 OPERATING AND FINANCE REVIEW 14BOARD OF DIRECTORS 16 DIRECTORS’ REPORT 18 – CORPORATE GOVERNANCE 20 – REMUNERATION REPORT This document contains detailed financial and statutory information and constitutes Whitbread PLC’s annual report and accounts for 1998/9. The company also publishes a shorter document, the Whitbread annual review, which aims to give private shareholders a good overview of the company’s results and activities. 26 STATEMENT OF DIRECTORS’ 32 BALANCE SHEETS RESPONSIBILITIES 33 CASH FLOW STATEMENT 27 REPORT OF THE AUDITORS 34 NOTES TO THE ACCOUNTS 28 ACCOUNTING POLICIES 56 FIVE YEAR SUMMARY 30 GROUP PROFIT AND LOSS ACCOUNT 58 GLOSSARY 31 STATEMENT OF TOTAL RECOGNISED GAINS 60 SHAREHOLDER SERVICES AND LOSSES 31 HISTORICAL COST PROFITS AND LOSSES 2 FINANCIAL HIGHLIGHTS SEGMENTAL TURNOVER ANALYSIS 1998/9 Beer Pub Partnerships Inns Restaurants Hotels Sports, health and fitness Other drinks TURNOVER INCLUDING JOINT VENTURES (£m) PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX (£m) 3,313 3,410 3,131 354.8 365.3 2,840 316.5 2,556 283.1 255.1 1994/5 1995/6 1996/7 1997/8 1998/9 1994/5 1995/6 1996/7 1997/8 1998/9 WHITBREAD PLC ANNUAL REPORT AND ACCOUNTS 3 FINANCIAL HIGHLIGHTS SEGMENTAL PROFIT ANALYSIS 1998/9 Beer Pub Partnerships Inns Restaurants Hotels Sports, health and fitness Other drinks TO HAVE ACHIEVED A 4.6% INCREASE IN ADJUSTED EARNINGS PER SHARE IN DIFFICULT MARKET CONDITIONS WAS A CREDITABLE PERFORMANCE.
  • Annual Report and Accounts 2017 Accounts and Report Annual the Future of Learning

    Annual Report and Accounts 2017 Accounts and Report Annual the Future of Learning

    Pearson Annual report and accounts 2017 The future of learning Pearson Annual report and accounts 2017 In this report Strategic report 01 Overview 22 Efficacy 02 Our KPIs 24 Sustainability 04 About Pearson 06 Chairman’s introduction 34 Our performance 08 CEO’s strategic overview 34 Financial review 42 Operating performance 12 Our strategy in action 48 Risk management 12 Market trends 50 Principal risks and uncertainties 13 Our strategy Governance Financial statements 62 Governance overview 112 Independent auditor’s report to the members 64 Leadership and effectiveness of Pearson plc 76 Accountability 118 Group accounts 86 Engagement 178 Parent company accounts 90 Remuneration 190 Five-year summary 106 Additional disclosures 192 Financial key performance indicators 110 Statement of Directors’ responsibilities 196 Shareholder information BC Principal offices worldwide Helping create the future of learning In this report we have included employee interviews from around our business to showcase how Pearson’s people are helping create the future of learning. CC Cedrick Collomb 19 IS Indika Senadhira 33 Senior Vice President for Senior Manager, Software Global Product Technology Engineering, Pearson Technology Delivery Centre KE Kate Edwards 23 AC Alvaro Castro 41 Senior Vice President Product Management Analyst, Efficacy & Research Pearson Test of English Strategy and performance reporting The was approved for issue by the Board on strategic report up to and including p60 is 14 March 2018 and signed on its behalf by: formed of three sections: ‘Overview’, ‘Our strategy in action’ and ‘Our performance’, and Coram Williams Chief Financial Officer Section 1 Overview 01 At Pearson we have a clear mission: to help people make progress in their lives through learning.
  • Resilience of Your Supply Chain… About Us

    Resilience of Your Supply Chain… About Us

    WE INVITE YOU TO INCREASE THE RESILIENCE OF YOUR SUPPLY CHAIN… ABOUT US The Transported Asset Protection Association (TAPA) was formed 23 years ago by leading global Manufacturers & Logistics Service Providers to make their supply chains more resilient. Transported Asset Protection Association Today, TAPA is the world’s leading Security Expert Network for everyone in the supply chain … and we invite you to join our family. Joining our Association will give you access to supply chain resilience insight, trends and tools as well as industry-leading security standards, training and CARGO CRIME IN EMEA unique networking opportunities with like-minded supply chain professionals. With today’s unprecedented focus on supply chain resilience, TAPA’s presence • Thefts from supply chains cost businesses in Europe alone more than in the Europe, Middle East & Africa (EMEA) region is greater than at any time in €8.2 billion a year* our history … and we are growing at a record pace. I kindly ask you to spend a • All types of products are now a target for cargo thieves** moment reading this invitation to find out more about us. • Cargo thefts recorded in 48 countries in EMEA in 12 months** I would also welcome a conversation with you to answer any further questions you may have. You can reach me at [email protected] • Average annual loss for major cargo crimes = €536,889** I hope we will be speaking soon. • Annual increase in recorded cargo thefts = 114.7%** • Supply chain theft incidents reported to TAPA in EMEA in 12 months** = 8,548 •
  • INVITATION BERENBERG Is Delighted to Invite You to Its

    INVITATION BERENBERG Is Delighted to Invite You to Its

    INVITATION BERENBERG is delighted to invite you to its USA CONFERENCE 2021 on Tuesday, May 18th – Thursday, May 20th 2021 Virtual Conference Conference calls will be scheduled throughout the day. Our Events Team will be providing technical support and facilitating all calls. LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE) Aerospace & Defence and Automotives Capital Goods & Industrial Engineering Construction, Metals & Mining and Utilities BAE Systems plc Alfen NV Breedon Group plc CONTINENTAL AG Alstom SA CRH plc RHEINMETALL AG Aluflexpack AG RWE AG Rolls-Royce Holdings plc Ceres Power Holdings plc Travis Perkins plc Schaeffler AG Diploma plc Victoria plc Vitesco Technologies GmbH Exponent Inc. Volution Group plc FASTNED B.V. Wienerberger AG Jungheinrich AG Knorr-Bremse AG Business Services, Leisure and Transport Marel hf Consumer Accor SA McGrath RentCorp AB InBev Applus Services SA Rational AG ASOS Plc Basic-Fit Schindler Holding AG Boozt AB Befesa SA Stabilus S.A Carlsberg A/S Borussia Dortmund GmbH & Co. KGaA Trex Company, Inc. Chr. Hansen A/S Brenntag AG va-Q-tec AG Essity Compass Group PLC VARTA AG Fevertree Drinks plc CTS Eventim AG & Co KGaA XP Power Ltd FIELMANN AG Dalata Hotel Group plc Zebra Technologies Glanbia plc Deutsche Post AG Global Fashion Group Henkel AG & Co KGaA doValue SpA Chemicals Entain PLC home24 SE Air Liquide SA Fluidra S.A. JD Sports Plc Ambercycle Hapag-Lloyd AG J Sainsbury Akzo Nobel NV IMCD N.V. Kerry Group plc BASF SE JTC plc Marley Spoon Bayer AG National Express Nestlé SA Evonik Industries AG Rubis SCA Reckitt Benckiser Group plc Fuchs Petrolub SE RWS Holdings plc Shop Apotheke Europe NV Kemira Oyj SGS SA Westwing Group AG LANXESS AG SIXT SE Linde plc Solutions 30 SE Novozymes A/S LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE) Financials Healthcare Healthcare Barclays plc AbCellera Biologics Inc Novo Nordisk A/S Brewin Dolphin Holdings plc Align Technology, Inc.
  • Annual Report 2018 – Melrose Industries

    Annual Report 2018 – Melrose Industries

    Buy Improve Sell Melrose Annual Report 2018 Melrose Industries PLC Melrose Industries PLC Melrose Annual Report 2018 Melrose Industries PLC Acquiring good quality manufacturing businesses, making operational improvements, realising shareholder value at the appropriate time and then returning this value to shareholders, continue to be the fundamentals of the “Buy, Improve, Sell” business strategy that Melrose has followed since it was founded in 2003. Our strategy Financial statements Our strategy and business model 2 Independent auditor’s report to the Strategy in action members of Melrose Industries PLC 114 GKN – Buy 4 Consolidated Income Statement 126 Nortek – Improve 6 Consolidated Statement Elster – Sell 8 of Comprehensive Income 127 Consolidated Statement of Cash Flows 128 Strategic Report Consolidated Balance Sheet 129 Consolidated Statement Shareholder value creation 10 of Changes in Equity 130 Highlights of the year 12 Notes to the Financial Statements 131 Chairman’s statement 14 Company Balance Sheet Chief Executive’s review 16 for Melrose Industries PLC 182 Key performance indicators 18 Company Statement of Changes in Equity 182 Divisional review Notes to the Company Balance Sheet 183 Aerospace 20 Glossary Automotive 24 193 Powder Metallurgy 28 Nortek Air & Security 32 Other Industrial 36 Shareholder information Finance Director’s review 40 Notice of Annual General Meeting 197 Longer-term viability statement 49 Company and shareholder information 202 Risk management 50 Risks and uncertainties 52 Corporate Social Responsibility 59 Governance Governance overview 70 For more information visit Board of Directors 72 melroseplc.net Directors’ report 74 Corporate governance report 78 Audit Committee report 82 Nomination Committee report 90 Directors’ Remuneration report 92 Statement of Directors’ responsibilities 113 Cautionary statement The Strategic Report and certain other sections of this Annual Report and financial statements contain forward-looking statements.
  • Sustainable Investment Report Marketing Material First Quarter 2020

    Sustainable Investment Report Marketing Material First Quarter 2020

    Sustainable Investment Report Marketing material First quarter 2020 Environmental, Social and Governance is referred to as ESG throughout Contents 1 13 Introduction Stewardship Insights Proxy voting: 2020 pre-season trends Engagement in practice: oilfield services 2 17 Sustainability Insights Stewardship Activity How coronavirus is turning the spotlight A new approach to reporting on sustainable investing Engagement in numbers How the investment industry can help during the Covid crisis Voting in numbers An investor guide to spotting Total company engagement “greenwashers” Engagement progress Will CO2 rules choke car industry profits? How sustainable are our cities? As the unprecedented Covid-19 situation evolves day-by-day, we all feel the effects. As investors we must navigate the immediate challenges, but we must also not lose sight of the long term. Ultimately, what matters most is identifying the investments that with both survive this period and thrive in the long term. Hannah Simons Head of Sustainability Strategy As we prepare the first report of 2020, I’m settling In the near term, we recognise that Covid-19 is putting into my new daily routine. My regular commute on a pressure on the profits of the car industry but new packed train has been replaced with a short walk to European emissions regulations look set to disrupt my kitchen table. A much welcomed change. I’m also things in the longer-term. Scott MacLennan, Fund home-schooling my children. I have often thought that Manager/Research Analyst European Equities and one day I would follow in Lucy Kellaway’s footsteps Nicholette MacDonald-Brown, Head of European Blend and retrain as a teacher.
  • Annex 1: Parker Review Survey Results As at 2 November 2020

    Annex 1: Parker Review Survey Results As at 2 November 2020

    Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47
  • DWS CROCI International

    DWS CROCI International

    Investment Portfolio as of March 31, 2021 (Unaudited) DWS CROCI® International VIP Shares Value ($) Common Stocks 96.0% Australia 9.1% Australia & New Zealand Banking Group Ltd. 84,659 1,814,028 BHP Group Ltd. 110,251 3,815,874 Commonwealth Bank of Australia 4,288 280,930 National Australia Bank Ltd. 62,344 1,234,218 Newcrest Mining Ltd. 15,865 297,603 (Cost $5,536,400) 7,442,653 Belgium 1.6% UCB SA (Cost $1,072,787) 13,795 1,312,687 Denmark 3.0% AP Moller - Maersk AS “B” 870 2,024,140 Novo Nordisk AS “B” 7,052 474,954 (Cost $1,948,110) 2,499,094 Finland 1.0% Fortum Oyj 12,738 340,652 Nokia Oyj* 121,910 486,937 (Cost $695,418) 827,589 France 14.1% Atos SE* 22,260 1,739,792 BNP Paribas SA* 53,894 3,290,488 Credit Agricole SA* 118,678 1,721,985 Engie SA* 79,187 1,127,334 Sanofi 30,370 3,003,484 Television Francaise 1* 80,739 737,194 (Cost $9,733,297) 11,620,277 Germany 8.4% Beiersdorf AG 12,876 1,355,372 Brenntag SE 13,966 1,193,987 Deutsche Boerse AG 4,043 672,742 Deutsche Post AG (Registered) 23,524 1,291,802 Fresenius Medical Care AG & Co. KGaA 7,353 542,699 Fresenius SE & Co. KGaA 10,857 484,249 HeidelbergCement AG 5,007 455,278 Merck KGaA 3,152 539,013 SAP SE 2,641 324,172 (Cost $6,246,907) 6,859,314 Hong Kong 0.7% CLP Holdings Ltd.