DOCSLIB.ORG

Annual Report 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2018 Compass Group PLC Annual Report 2018 Annual Report 2018 STRATEGIC REPORT 2 2018 performance at a glance 4 Our business at a glance 6 Our market position 7 Our sectors 8 Chairman’s statement 10 Our business model and strategy 12 How we create value Sharpening our 14 Chief Executive’s review 18 Key performance indicators focus through: 20 Regional review 20 North America Performance, People 22 Europe 24 Rest of World and Purpose 26 People report 28 Business review 35 Risk management 36 Principal risks As the industry leader, we have an 38 Corporate responsibility important long term role to play in society. We drive our financial Performance by CORPORATE GOVERNANCE 44 Governance and Directors’ report delivering great food to our clients and 44 Chairman’s letter consumers combined with a rigorous focus 46 Introduction to Corporate Governance on execution. We are further enhancing our 49 Board of Directors People proposition and developing a clearer 52 Corporate Governance report 56 Audit Committee report social Purpose to improve the long term 64 Corporate Responsibility Committee report quality and sustainability of our 68 Nomination Committee report financial results. 71 Directors’ Remuneration report 94 Other statutory disclosures FINANCIAL STATEMENTS 101 Directors’ responsibilities 102 Independent auditor’s report 108 Consolidated financial statements 114 Group accounting policies 122 Notes to the consolidated financial statements 183 Parent Company financial statements 185 Parent Company accounting policies 187 Notes to the Parent Company financial statements SHAREHOLDER INFORMATION 190 Shareholder information 193 Notice of Annual General Meeting GLOSSARY 202 Glossary of terms Visit our website for related information www.compass-group.com Our Corporate Responsibility report will be available online in early 2019 Performance We drive our financial performance by providing our clients with great and healthy food, combined with a rigorous focus on operational execution 2018 has been another strong year with good organic revenue +5.5% growth of 5.5%. Compass Group PLC Annual Report 2018 1 2018 PERFORMANCE AT A GLANCE Consistent performance UNDERLYING UNDERLYING UNDERLYING UNDERLYING BASIC REVENUE OPERATING PROFIT OPERATING MARGIN EARNINGS PER SHARE £23,239m £1,741m 7.4% 77.6p 77.6 23,239 7.4 7.4 22,852 72.3 7.2 7.2 7.2 1,741 1,705 19,871 61.1 1,445 17,843 17,058 53.7 1,296 1,245 48.7 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 STATUTORY STATUTORY DIVIDEND STATUTORY BASIC REVENUE OPERATING PROFIT PER SHARE EARNINGS PER SHARE £22,964m £1,690m 37.7p 71.0p 37.7 22,964 22,568 71.3 71.0 1,690 1,665 33.5 31.7 19,605 60.4 29.4 1,409 17,590 16,854 26.5 52.3 1,261 49.0 1,214 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 Throughout the Strategic Report, and consistent with prior years, underlying and other alternative performance measures are used to describe the Group’s performance. These are not recognised under IFRS or other generally accepted accounting principles (GAAP). The Executive Board of the Group manages and assesses the performance of the business on these measures and believes they are more representative of ongoing trading, facilitate meaningful year on year comparisons and hence provide more useful information to shareholders. Underlying and other alternative performance measures are defined in the glossary of terms on pages 202 and 203. A summary of the adjustments from statutory to underlying results is shown on page 166 and further detailed in the consolidated income statement (page 108), reconciliation of free cash flow (page 113), note 1, segmental reporting (pages 122 to 125) and note 5, tax (pages 129 and 130). GLOBAL LOST GLOBAL GREENHOUSE NUMBER OF SITES TIME INCIDENT FOOD SAFETY GAS INTENSITY OFFERING HEALTHY FREQUENCY RATE INCIDENT RATE RATIO EATING PROGRAMMES -39% -33% -14% +9% (since 2014) (since 2014) (since 2014) (since 2014) 7.3 18,240 17,980 17,576 16,900 6.7 6.7 16,715 6.3 6.0 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2 Compass Group PLC Annual Report 2018 People We are committed to developing an inclusive and welcoming environment for all our people We are proud that our US business has been ranked in the Forbes 2018 The Best Employers for Diversity list. Compass Group PLC Annual Report 2018 3 OUR BUSINESS AT A GLANCE We are the industry leader with a strategy focused on food Food service is our core competence. We are the industry leader and create 50 countries value for our clients and consumers by providing them with a range of dining solutions that are innovative, 55,000 client locations healthy and sustainable. Our scale and focus on execution mean that we are typically the 600,000 colleagues most efficient and lowest cost provider and can therefore offer clients and consumers the greatest value as well as the most exciting and innovative solutions. We have a global footprint and manage the business in three 5.5 billion meals geographic regions. This gives us balanced exposure to developed but attractive markets in North America and Europe as well as emerging markets with exciting long term growth prospects. NORTH AMERICA EUROPE REST OF WORLD UNDERLYING REVENUE UNDERLYING REVENUE UNDERLYING REVENUE £13,785m £5,783m £3,671m (2017: £13,322m) (20171: £5,598m) (20171: £3,932m) 59% 25% 16% of Group total of Group total of Group total 1. Prior year comparatives have reclassified Turkey from Europe region into Rest of World region. 4 Compass Group PLC Annual Report 2018 Purpose As an industry leader, we understand the influence we can have on how food is produced and sourced Compass is a founding member of the Global Coalition for Animal Welfare (GCAW), an industry-led initiative that was launched in October 2018. In recognition of our ongoing commitment to advancing farm animal welfare, we have moved up from Tier 4 to Tier 3 in the Business Benchmark on Farm Animal Welfare. Compass Group PLC Annual Report 2018 5 OUR MARKET POSITION Significant structural growth opportunity across our core sectors and markets We estimate that the addressable global food services market is currently worth in excess of £200 billion. We have around a 10% share of that market by sales which makes us the leading global provider. Given that approximately 75% of the market is serviced by regional players or in-house providers, we believe that there is a significant structural growth opportunity for us. The market for food services continues to offer significant growth GLOBAL FOOD SERVICES MARKET c. £200bn potential as we drive outsourcing and deliver a strong proposition across our core sectors and regions. Compass provides outsourced food services around the world in a market worth over £200 billion. The five sectors in which Compass LARGE operates are: Business & Industry; Healthcare & Seniors; Education; PLAYERS Sports & Leisure; and Defence, Offshore & Remote. All five sectors continue to offer significant opportunities for growth. 14% COMPASS Food service remains at the core of the Compass offer. Business & GROUP Industry accounts for around 40% of this value, and this important 10% sector continues to offer attractive growth opportunities. In more SELF OPERATED developed markets where outsourcing rates are routinely in excess of 60%, our combination of scale, efficiencies and best in class 50% service delivery supports continued revenue growth. In emerging T h e markets, outsourcing rates are still only around 10%, providing a s t r significant opportunity for future growth. u REGIONAL c t u PLAYERS r The Healthcare & Seniors and Education sectors also continue to a l g grow, with less than half of the addressable global market currently ro 26% w outsourced. We are developing best practices in areas such as our th o proposition for hospital visitors and nutritional meal planning in pp or tun schools and, by sharing this expertise, we can better serve our ity clients and consumers across multiple markets. Sports & Leisure is a highly outsourced sector with a global outlook Numbers relating to market size and penetration rates are based on management in which we benefit from our strong reputation across key markets. estimates and a range of external data. The Defence, Offshore & Remote sector offers opportunities to build lasting strategic relationships with large local and international operators. Creating strong client relationships allows us to respond Supplementing our core food offer with targeted support services is positively to tougher market conditions. For example, in the basic attractive in certain markets and sectors, such as Healthcare & commodities sector we have leveraged our cost base and changed Seniors and Defence, Offshore & Remote. In these sectors, we are our offer to retain business in the face of significant client recognised for fulfilling the needs of clients who require excellent budgetary pressure. services with uncompromising quality. In all the markets and regions in which Compass operates, we continue to build our business and our reputation based on our ongoing focus on health and safety, people, the environment and our firm commitment to responsible corporate practices. 6 Compass Group PLC Annual Report 2018 OUR SECTORS Understanding our clients STRATEGIC REPORT The global food services market is large and disparate. That is why we segment the market into various sectors and sub-sectors using our portfolio of B2B brands. It enables us to be closer to our clients and consumers to better understand their different needs. In this way, we can create innovative, bespoke offers that meet their specific requirements and, in doing so, truly differentiate ourselves.
Load more

Recommended publications
  • 20Annual Report 2020 Equiniti Group
    EQUINITI GROUP PLC 20ANNUAL REPORT 2020 PURPOSEFULLY DRIVEN | DIGITALLY FOCUSED | FINANCIAL FUTURES FOR ALL Equiniti (EQ) is an international provider of technology and solutions for complex and regulated data and payments, serving blue-chip enterprises and public sector organisations. Our purpose is to care for every customer and simplify each and every transaction. Skilled people and technology-enabled services provide continuity, growth and connectivity for businesses across the world. Designed for those who need them the most, our accessible services are for everyone. Our vision is to help businesses and individuals succeed, creating positive experiences for the millions of people who rely on us for a sustainable future. Our mission is for our people and platforms to connect businesses with markets, engage customers with their investments and allow organisations to grow and transform. 2 Contents Section 01 Strategic Report Headlines 6 COVID-19: Impact And Response 8 About Us 10 Our Business Model 12 Our Technology Platforms 14 Our Markets 16 Our Strategy 18 Our Key Performance Indicators 20 Chairman’s Statement 22 Chief Executive’s Statement 24 Operational Review 26 Financial Review 34 Alternative Performance Measures 40 Environmental, Social and Governance 42 Principal Risks and Uncertainties 51 Viability Statement 56 Section 02 Governance Report Corporate Governance Report 62 Board of Directors 64 Executive Committee 66 Board 68 Audit Committee Report 78 Risk Committee Report 88 Nomination Committee Report 95 Directors' Remuneration
    [Show full text]
  • Ethics Agreement in Order to Avoid Any Financial Conflict
    Date: 7 .-e-•15 Iett..% 1--4 17 MEMORANDUM FOR THE RECORD SUBJECT: Ethics Agreement In order to avoid any financial conflict of interest in violation of 18 U.S.C. § 208(a) or the appearance of a financial conflict of interest as defined in the Standards of Ethical Conduct for Employees of the Executive Branch, 5 C.F.R. § 2635.502, and to adhere to the Ethics Pledge instituted by Executive Order 13770 issued on January 28, 2017, and entitled "Ethics Commitments by Executive Branch Appointees" (the Ethics Pledge), I am issuing the following statement. I understand that as an appointee I must sign the Ethics Pledge and that I will be bound by the requirements and restrictions therein even if not specifically mentioned in this or any other ethics agreement. Before beginning my covered Federal position, I resigned from my non-Federal positions with the Association of State and Territorial Health Officials (ASTHO) and the State of Georgia on July 6, 2017. Pursuant to the Ethics Pledge, I will not, for a period of two years from the date of my appointment to my covered Federal position, participate in an official capacity in any particular matter involving specific parties that is directly and substantially related to ASTHO, unless an exception applies or I am granted a waiver. I understand that this provision in the Ethics Pledge does not apply to state government entities, including the State of Georgia. Even when the two-year restriction of the Ethics Pledge does not apply, under 5 C.F.R. § 2635.502, I will not, for a period of one year from the date of my resignation from ASTHO and the State of Georgia, participate in any particular matter involving specific parties in which ASTHO or the State of Georgia is a party or represents a party, unless I am first authorized to participate, pursuant to 5 C.F.R.
    [Show full text]
  • May CARG 2020.Pdf
    ISSUE 30 – MAY 2020 ISSUE 30 – MAY ISSUE 29 – FEBRUARY 2020 Promoting positive mental health in teenagers and those who support them through the provision of mental health education, resilience strategies and early intervention What we offer Calm Harm is an Clear Fear is an app to Head Ed is a library stem4 offers mental stem4’s website is app to help young help children & young of mental health health conferences a comprehensive people manage the people manage the educational videos for students, parents, and clinically urge to self-harm symptoms of anxiety for use in schools education & health informed resource professionals www.stem4.org.uk Registered Charity No 1144506 Any individuals depicted in our images are models and used solely for illustrative purposes. We all know of young people, whether employees, family or friends, who are struggling in some way with mental health issues; at ARL, we are so very pleased to support the vital work of stem4: early intervention really can make a difference to young lives. Please help in any way that you can. ADVISER RANKINGS – CORPORATE ADVISERS RANKINGS GUIDE MAY 2020 | Q2 | ISSUE 30 All rights reserved. No part of this publication may be reproduced or transmitted The Corporate Advisers Rankings Guide is available to UK subscribers at £180 per in any form or by any means (including photocopying or recording) without the annum for four updated editions, including postage and packaging. A PDF version written permission of the copyright holder except in accordance with the provision is also available at £360 + VAT. of copyright Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, Barnard’s Inn, 86 Fetter Lane, London, EC4A To appear in the Rankings Guide or for subscription details, please contact us 1EN.
    [Show full text]
  • Mauritius Annual Report 2014.Pdf
    Who we are 3 Our Vision 4 Our Values 5 Chairman’s Message 6 Managing Director’s Report 7 Review of Operations 9 Aviation 9 Marine 9 Liquefied Petroleum Gas (LPG) 10 Retail 10 Contents Commercial 11 Lubricants 12 Customer Service Centre 12 Product Supplies and Distribution 13 Human Resources 15 Corporate Social Responsibility 15 Health, Safety, Security and Environment 16 History of Vivo Energy in Mauritius 18 Directors’ Report 24 Secretary’s Report 27 Corporate Governance Report 28 Statement of Compliance 53 Independent Auditor’s Report 54 Income Statement 55 Statement of Comprehensive Income 55 Statement of Financial Position 56 Statement of Changes In Equity 57 Statement of Cash Flows 58 Notes to the Financial Statements 59 Vivo Energy Mauritius Limited Annual Report 2014 1 A strong and growing presence in 16 countries across Africa Who we are - Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. The company has a strong and growing presence in 16 countries across Africa. It sources, distributes, markets and supplies Shell’s high-quality fuels and lubricants to retail and commercial customers across the continent. Vivo Energy was established on 01 December 2011 to distribute and market Shell-branded fuels and lubricants. Vitol and Helios each own 40% of Vivo Energy, with Shell holding the remaining 20%. Shell and Vivo Lubricants is 50% owned by Shell and 50% owned by Vitol and Helios Investment Partners. Vivo Energy operates in Retail, Commercial Fuels, Marine, Aviation (in partnership with Vitol Aviation), Liquefied Petroleum Gas and Lubricants in Mauritius.
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • 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.
    [Show full text]
  • KPMG Equity Capital Markets Review H1 2018
    Equity Capital Markets Half Year Review H1 2018 kpmg.com/uk/equitycapitalmarkets 1 Equity Capital Markets review – H1 2018 H1 2018: Equity Capital Markets review H1 2018 snapshot The first half of 2018 ended strongly generating positive momentum in equity issuance especially in the UK where volumes were up. Overall, however, global ECM volumes were slightly lower versus H2 2017, continuing a trend seen since H1 2017 Overall, global equity issuance was slightly lower in H1 2018 versus H2 2017 Global Europe UK Funds raised Funds raised Funds raised (£000m) (£000m) (£000m) 25 400 125 20 issuance 100 300 15 75 200 10 50 100 5 25 0 Total ECM 0 0 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 IPOs Right Issues Placings Germany and the UK lead European ECM in H1 Largest 3 European and UK IPOs £20.1bn Siemens Healthineers AG £3.7bn highlights DWS Group GmbH £19.2bn & Co. KGaA £1.2bn Adyen BV European ECM European ECM £4.4bn £834m A very active half year for AIM IPOs beating H1 2017 and offsetting lower Main Market volumes Main Market AIM Funds raised Funds raised (£000m) No. deals (£000m) No. deals 41 IPOs 8 40 1.5 50 16% decrease on H1 2017 6 30 1.2 40 0.9 30 4 20 0.6 20 2 10 0.3 10 £4.3bn Funds Raised 0 0 0.0 0 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 44% decrease on H1 2017 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 Deal value Focus # Deals IPO UK IPO Key sectors Strong aftermarket performance of UK IPOs in H1 2018 Financial Services Main Market AIM £1,409m raised (13 deals)
    [Show full text]
  • Engineering That Moves the World Highlights of the Year Delivering on Expectations
    Annual Report and Accounts 2016 Engineering that moves the world Highlights of the year Delivering on expectations ◆ Another year of growth delivering earnings ◆ Sharpening the focus through the disposal of Stromag momentum. and a Group-wide fixed cost reduction programme. ◆ Strong performance from Fokker Technologies ◆ Continued investment in technology primarily focused (‘Fokker’) in first full year of ownership. on electrified drivetrains and additive manufacturing. STATUTORY BASIS MANAGEMENT BASIS1 Sales Sales £8,822m 2015: £7,231m £9,414m 201 5: £ 7,6 89m Earnings per share Earnings per share 14.1p 2015: 11.8p 31.0p 201 5: 27.8p Profit before tax Profit before tax £292m 2015: £245m £678m 2015: £603m Management sales Management trading profit £9,414m £773m2 Other Businesses £39m GKN Land Systems £18m GKN Land Systems GKN Powder Metallurgy £118m £704m GKN Aerospace £3,423m GKN Powder GKN Aerospace Metallurgy £339m £1,032m GKN Driveline £323m GKN Driveline £4,216m 1 See page 39 for details on measurement and reporting of performance on a management basis. 2 Including corporate costs and Other Businesses. Contents Strategic report Governance Financial statements 1 Overview 60 Board of Directors 111 Independent auditor’s report 12 Chairman’s statement 62 Chairman’s introduction to governance 118 Group financial statements 14 Our strategic framework 63 Corporate governance 167 Company financial statements 15 Our business model 72 Nominations Committee report 176 Group financial record 16 Key performance indicators 74 Audit & Risk Committee report 19 Chief Executive’s review 81 Directors’ remuneration report Other information 22 Financial review 107 Additional information 178 Shareholder information 24 Divisional reviews 110 Statement of Directors’ responsibilities 24 – GKN Aerospace review Pages 60 to 110 comprise the Directors’ report.
    [Show full text]
  • Completed Acquisition of Two Vauxhall Dealerships from Riders' Garages Limited by Eden
    Completed acquisition of two Vauxhall dealerships from Riders’ Garages Limited by Eden (GM) Limited ME/6474-14 The CMA’s decision on reference under section 22(1) on 24 October 2014. Full text of the decision published on 17 November 2014. Please note that [] indicates figures or text which have been deleted or replaced in ranges at the request of the parties for reasons of commercial confidentiality. Summary 1. Eden (GM) Limited (Eden) operates Vauxhall franchised car dealerships. Its two Devon dealerships, Exeter and Honiton, supply new and used Vauxhall cars to private customers as well as repair and maintenance services to Vauxhall cars. 2. Eden acquired two Vauxhall dealerships in Newton Abbot and Torbay (the Riders dealerships) from Riders Garages Limited (Riders) (the Merger). The Riders dealerships supply new and used Vauxhall cars to private customers and repair and maintenance services to Vauxhall cars. Eden and the Riders dealerships together are referred to in this decision as the Parties. 3. The Competition and Markets Authority (CMA) considers that the Parties are enterprises that as a result of the Merger have ceased to be distinct and that the share of supply test is met. The CMA therefore believes that it is or may be the case that a relevant merger situation has been created. 4. Eden and the Riders dealerships overlap in the supply of new and used Vauxhall cars and the supply of repair and maintenance services for Vauxhall cars in the Exeter, Newton Abbot and Torbay areas. 5. In relation to the supply of new and used Vauxhall cars, the CMA does not consider there to be competition concerns based on the constraints faced by the Parties locally from dealerships of other car marques including other sellers of used cars (both Vauxhall and others).
    [Show full text]
  • Top 3 by Countries Food & Drink Sector
    Hallbars Awards 2020 - Top 3 by countries Food & Drink Sector Ranking of total Awards by Countries: Countries with the same number of awards are in alphabetical order. Total countries : 53 1 FRANCE Hallbars Sustainability Report Awards Total = 12 Best in all Categories LVMH - A01 Best in all categories Special Award Fondation Daniel et Nina Carasso - A02 Special Awards Rank n°1 Best in the World Credit Agricole - E07 Banks Sodexo - F05 Photography Rank n°2 Best in the World Avril Groupe - B10 Plant-Based Oils Bonduelle - B13 Specialized Industrial Food Sucden - B06 Sugar Rank n°3 Best in the World Accor - E03 Hotels CIVB:Conseil Interprofessionnel du Vin de Bordeaux - G08 Food & Environment Oeneo - F02 Investor Relations - Sustainability - Internal Leaders Sodexo - E02 Restaurants & Catering Valrhona - B09 Cocoa Best In The World 2020 www.hallbars.org 1 1 SWEDEN Hallbars Sustainability Report Awards Total = 12 Special Award Factfulness - A02 Special Award Rank n°1 Best in the World Electrolux, - E04 Appliance Manufacturer Löfergs - B07 Coffee Polarbröd - B14 Family Corporation Systembolaget - D02 Wine Tetra Pak - E05 Packaging Umea Restaurants Association -G07 Food & Climate Rank n°2 Best in the World Axfood - F07 CEO Letter Coor - E02 Restaurants Gothenburg - Port E06 Ports Spendrups - E03 Beer Rank n°3 Best in the World Lantmännen - B11 Agri Business 1 UK Hallbars Sustainability Report Awards Total = 12 Rank n°1 Best in the World Compass Group - E02 Restaurants & Catering Diageo - D01 Spirits Finlays - B08 Tea FOLU : Food and Land Use
    [Show full text]
  • Preferred Employer Program Companies*
    Preferred Employer Program Companies* • 3M Company • AutoZone • Cintas • 7-Eleven • Avera Health • Cisco Systems • AAA - (Employees Only) • Avon Products • Citigroup • Abbott Laboratories • Bacardi USA • Citizens Financial Group • AbbVie Corp. • Bank of America Corp. • Cleveland Clinic Foundation • Accenture Ltd. • Baptist Health South Florida • Coca-Cola Bottling Co. • adidas America • Barclays Capital/Stifel Financial • Coldwell Banker Richard Ellis • Advanced Micro Devices • Bausch & Lomb • Compass Group USA • Aflac - (Employees Only) • Bayer Corp. • ConocoPhillips • Alcon Laboratories • Becton, Dickinson and Company • Continental General Tire • ALDI • Berkshire Hathaway • Corning • Allegheny Health Network • BI Worldwide • Costco • Allergan • Biogen Idec • Cowan Systems • Alliance Data • BioReference Labs • Cox Enterprises • Allianz Global Investors of America • Bloomin’ Brands • Credit Suisse Asset Mgmt. • Allstate Insurance Co. - (Employees Only) • Blue Cross Blue Shield - (Employees Only) • CSRA International • Altice • Blue Iron • Cumberland Farms • Amazon • Boehringer Ingelheim Pharmaceuticals • Curtiss-Wright Corp. • American Airlines Credit Union • Boeing Corp. • CVS • American Association of Physicians • Boston Scientific Corp. • Daimler Trucks North America of Indian Origin • BP • Dassault Systèmes • American Express Co. - (Employees Only) • Braintree Laboratories • DealerTrack Holdings • AMETEK • Bristol Myers Squibb • Del Monte Foods • Amgen • Broadcom • Dell • Analog Devices • Brown-Forman • Deloitte & Touche LLP • Anthem
    [Show full text]
  • Fiscal Quarter-End Holdings (Pdf)
    Quarterly Schedules of Portfolio Holdings International & Global Funds July 31, 2020 Retirement Institutional Administrative Investor Class Class Class Class Harbor Diversified International All Cap Fund HNIDX HAIDX HRIDX HIIDX Harbor Emerging Markets Equity Fund HNEMX HAEMX HREMX HIEEX Harbor Focused International Fund HNFRX HNFSX HNFDX HNFIX Harbor Global Leaders Fund HNGIX HGGAX HRGAX HGGIX Harbor International Fund HNINX HAINX HRINX HIINX Harbor International Growth Fund HNGFX HAIGX HRIGX HIIGX Harbor International Small Cap Fund HNISX HAISX HRISX HIISX Harbor Overseas Fund HAORX HAOSX HAOAX HAONX Table of Contents Portfolios of Investments HARBOR DIVERSIFIED INTERNATIONAL ALL CAP FUND. ..... 1 HARBOR EMERGING MARKETS EQUITY FUND . .......... 8 HARBOR FOCUSED INTERNATIONAL FUND. ................................. 11 HARBOR GLOBAL LEADERS FUND. ................. 13 HARBOR INTERNATIONAL FUND . 15 HARBOR INTERNATIONAL GROWTH FUND . ........................ 21 HARBOR INTERNATIONAL SMALL CAP FUND. ................. 24 HARBOR OVERSEAS FUND . ............................................ 26 Notes to Portfolios of Investments ..................................... 31 Harbor Diversified International All Cap Fund PORTFOLIO OF INVESTMENTS—July 31, 2020 (Unaudited) Value, Cost, and Principal Amounts in Thousands COMMON STOCKS—96.4% COMMON STOCKS—Continued Shares Value Shares Value AEROSPACE & DEFENSE—0.7% BANKS—Continued 28,553 Airbus SE (France)* .............................. $ 2,090 236,142 Svenska Handelsbanken AB (Sweden) ............... $
    [Show full text]