Sodexo Sa · EURONEXT:SW
Sodexo Sa — 9M FY2016 Earnings Presentation
25 slides from Sodexo Sa's earnings presentation, Jul 8, 2016
Slide 1: Nine Months YTD Fiscal 2016 Revenues
NINE MONTHS YTD FISCAL 2016 REVENUES July 8, 2016
Slide 2: Forward-Looking Information
FORWARD-LOOKING INFORMATION This presentation contains statements that may be considered as forward-looking statements and as such may not relate strictly to historical or current facts. These statements represent management's views as of the date they are made and Sodexo assumes no obligation to up
Slide 3: Contents
CONTENTS 1. NINE MONTHS YTD FISCAL 2016 REVENUES 2. ON-SITE SERVICES 3. BENEFITS AND REWARDS SERVICES 4. OUTLOOK FOR FISCAL 2016 5. APPENDICES 3 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 4: Nine Months YTD Fiscal 2016 Revenues
1 NINE MONTHS YTD FISCAL 2016 REVENUES 4 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 5: Dynamic Growth
DYNAMIC GROWTH Revenue growth +3.7% Currency effect Acquisitions +0.3% +0.1% Organic growth1 +3.3% of which: On-site Services Benefits and Rewards Services +3.2% +5.7% 1 Organic growth is defined as growth at constant exchange rates and consolidation scope, except for Benefits & Rewards in Venezuela
Slide 6: Q3 Key Contracts Won
Q3 KEY CONTRACTS WON CONCIERGE SERVICES LANDSCAPING CATERING FACILITY REPROGRAPHICS MANAGEMENT SECURITY CLEANING WASTE RECEPTION MAIL SERVICE MANAGEMENT MAINTENANCE 6 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 7: On-Site Services
2 ON-SITE SERVICES 7 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 8: Success of Integrated Quality of Life Services Offers
ON-SITE SERVICES SUCCESS OF INTEGRATED QUALITY OF LIFE SERVICES OFFERS organic growth Corporate 53% Contribution of Rugby World Cup contract +3.7% Ramp-up of integrated service contracts, in North America and the United Kingdom Steep decline in Remote Sites, stabilizing quarter on quarter in Q
Slide 9: +3.2% Organic Growth
ON-SITE SERVICES +3.2% ORGANIC GROWTH United Kingdom and Ireland Continental North +18.1% +1.8% Europe America +4.0% +8.4% excluding Rugby Rest of -3.9% the World +6.5% excluding Remote Sites 9 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 10: North America
ON-SITE SERVICES NORTH AMERICA € millions Revenues Corporate +7.6% Favorable Organic currency effect 6,844 26% New contract wins 6,204 growth Acquisitions Good cross-selling of Facilities Management services Health Care and Seniors +4.8% 36% +4.0% Ramp-up of contracts and same site growth ORGA
Slide 11: Continental Europe
ON-SITE SERVICES CONTINENTAL EUROPE € millions Revenues Corporate +3.2% Organic 61% Slightly improved growth 4,367 growth Acquisitions 4,399 in revenues at existing sites Unfavorable currency effect Health Care and Seniors -2.1% +1.8% ORGANIC 23% Selective approach to GROWTH new business, especi
Slide 12: United Kingdom and Ireland
ON-SITE SERVICES UNITED KINGDOM AND IRELAND € millions Revenues Corporate +23.6% 73% Organic Favorable currency Contribution of €131m Rugby World Cup growth Acquisitions effect 1,555 contract in Q1 2016 1,293 Other Cross-selling services in Facilities Rugby Management +18.1% +8.4% Health Care an
Slide 13: Rest of the World
ON-SITE SERVICES REST OF THE WORLD* € millions Revenues Corporate -5.7% Organic 2,647 growth Acquisitions 90% Severe decline in Remote Sites, 2,339 stabilizing in Q3 Unfavorable currency effect Strong business development +6.5% Health Care and Seniors +21.3% -3.9% excluding 6% Remote Sites Con
Slide 14: Benefits and Rewards Services
3 BENEFITS AND REWARDS SERVICES 14 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 15: Issue Volume and Revenues
BENEFITS AND REWARDS SERVICES ISSUE VOLUME AND REVENUES Issue volume Revenues € billions € millions Organic growth Acquisitions 12.8 12.2 Organic growth Acquisitions 636 Unfavorable currency 576 effect Unfavorable currency effect +7.0% +5.7% ORGANIC ORGANIC GROWTH GROWTH 9 months 9 months 9 months 9
Slide 16: Issue Volume and Revenues: Latin America
BENEFITS AND REWARDS SERVICES ISSUE VOLUME AND REVENUES Latin America € billions € millions Issue volume Revenues 52% Fiscal 2015 Organic Organic growth Acquisitions growth Acquisitions 6.0 341 4.9 274 Unfavorable Unfavorable currency currency effect effect +8.2% +7.9% ORGANIC ORGANIC GROWTH GROWTH
Slide 17: Issue Volume and Revenues: Europe and Asia
BENEFITS AND REWARDS SERVICES ISSUE VOLUME AND REVENUES Europe and Asia € billions Issue volume € millions Revenues 48% Fiscal 2015 Organic Favorable growth Acquisitions 7.3 Organic currency 6.8 Unfavorable 295 growth Acquisitions effect 302 currency effect +6.0% +3.3% ORGANIC ORGANIC GROWTH GROWTH
Slide 18: Outlook
4 OUTLOOK 18 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 19: Fiscal 2016 Objectives
FISCAL 2016 OBJECTIVES Organic revenue growth of around 3% Growth in operating profit of around 8% (excluding currency effects and exceptional items related to the adaptation and simplification program) 19 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 20: Q&A
Q&A 20 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 21: Appendices
5 APPENDICES 21 – Nine Months Fiscal 2016 Revenues - July 8, 2016
Slide 22: Revenue Growth
APPENDIX 1 REVENUE GROWTH € millions +3.3% +0.3% +0.1% Favorable Organic growth1 Acquisitions currency effect 15,709 15,143 +3.7% TOTAL GROWTH 9 months 9 months Fiscal 2015 Fiscal 2016 1 Organic growth is defined as growth at constant exchange rates and consolidation scope, except for Benefits & Rew
Slide 23: Principal Exchange Rates
APPENDIX 2 PRINCIPAL EXCHANGE RATES € millions Impact of exchange rates vs. the euro Average on 9 months rates Fiscal 2016 Period-end Period-end 9 months rates rates €1 = Fiscal 2016 Change Revenues May 31, 2016 May 31,2015 Change U.S. Dollar 1.1045 +6.6% +410 1.1139 1.0970 -1.5% Pound Sterling 0.75
Slide 24: Share Repurchase Program Completed
APPENDIX 3 SHARE REPURCHASE PROGRAM COMPLETED Cancellation of 3,390,886 shares corresponding to a value of 300 million euro, approved at the Board Meeting of June 14, 2016 Company’s share capital After Before Company’s share capital, number of shares 153,741,139 157,132,025 Company’s share capital
Slide 25: Thank You!
THANK YOU! 25 – Nine Months Fiscal 2016 Revenues - July 8, 2016