More information can be found in the Interim Financial Statements. Adjusted EBITDA are defined as operating profit before depreciation and amortisation, adjusted for the same factors as listed under Adjusted EBIT. Related Information HKEX Filings Investor News and Events. The Group cannot give any assurance that forward-looking statements will prove correct and investors are cautioned not to place undue reliance on any forward-looking statements. This positive volume/mix effect was largely driven by the continued success of our Beans and Single Serve offerings, as well as increased in-home consumption because of changing consumer behaviour during the COVID-19 lockdowns. We implemented furloughs and temporary lay-offs to reduce labour and operating costs. Financial Review Half-Year 2020 - By Segment, 1 Includes EUR 13 m of sales and EUR (136) m adj. 2020 Annual Report In a year like no other, we have been deeply focused on our essential work of nourishing the world in a safe, responsible and sustainable way. For further information on Non-IFRS Measures, see "Non-IFRS Measures" in the Group’s financial statements as of, and for, the six months ended 30 June 2020. The away-from-home businesses were challenged during the COVID-19 lockdowns. This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation. The Group is not under any obligation to (and expressly disclaim any such obligation to) revise or update any forward-looking statements to reflect events or circumstances after the date of these materials or to reflect the occurrence of unanticipated events. Starting in June, we’ve seen a good recovery in our away-from-home businesses as local markets begin to recover from lockdowns. Reported sales decreased by 29.8% to EUR 336 million, including a foreign exchange impact of -1.0% and 0.7% related to scope changes. Apr 19, 2016. Total reported sales decreased by 2.9% to EUR 3,236 million. EBIT Organic, (unless otherwise stated) HY 20 Growth Growth HY 20 Growth Growth, CPG Europe 1,652 4.7 % 3.7 % 558 16.3 % 15.8 %, CPG LARMEA 492 6.3 % -3.1 % 109 34.4 % 25.3 %, CPG APAC 308 0.1 % -1.1 % 69 74.4 % 64.3 %, Peet's 435 -0.8 % 1.8 % 50 18.2 % 28.2 %. Sales in the coffee stores and away-from-home business were significantly impacted by the COVID-19 lockdowns. Reported sales increased by 3.7% to EUR 1,652 million, including a foreign exchange impact of -1.0% mainly due to the depreciation of the Norwegian krone and the Polish zloty. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. However, starting in June when restrictions were gradually lifted across markets, we saw good recovery. 2020 Annual Report Walmart Inc. +6,100 pickup and delivery locations globally NEXT DAY DELIVERY now available to 75% of U.S. population KEY HIGHLIGHTS for FY 2020 LAUNCHED InHome Delivery in three U.S. cities LAUNCHED NextDay Delivery from Walmart.com ~$180 BILLION annualized Total Payments Value with PhonePe $524 Our balanced coffee and tea portfolio allowed us to quickly adapt to rapidly changing consumer habits, following the dynamic shift of cups from the away-from-home to the in-home environment. This press release features multimedia. ANNUAL REPORT TO CONGRESS ON WHITE HOUSE OFFICE PERSONNEL WHITE HOUSE OFFICE As of Date: Friday, June 26, 2020 For Official Use Only Page 1 of 18. The Out-of-Home segment was significantly impacted by the COVID-19. 2019 Annual Report 2.7 MB. Adjusted income from associates and joint ventures. Reported sales decreased by 29.8% to EUR 336 million, including a foreign exchange impact of -1.0% and 0.7% related to scope changes. Assuming this trend continues, we expect positive organic sales growth for FY 20. Reported sales decreased by 3.1% to EUR 492 million, including a foreign exchange impact of -9.4% driven by the depreciation of the Brazilian real, the Russian ruble, the Turkish lira and the South African rand. Financial Year Ended 2018. On 29 May 2020, the company was successfully listed on the Euronext Amsterdam stock exchange. These Non-IFRS Measures are presented in addition to the figures that are prepared in accordance with IFRS. Organic growth was driven by volume/mix growth of 7.0%, which was slightly offset by a price effect of -0.8%. With a portfolio of more than 50 leading global, regional and local coffee and tea brands, JDE Peet’s offers an extensive range of high-quality and innovative coffee and tea products and solutions to serve consumer needs across markets, consumer preferences and price levels. Grant Thornton is a sponsor of INFOCUS 2020 and will deliver multiple thought leadership sessions, including: Through our brands, we have also donated more than 20 million cups of coffee and tea to the health care sector and foodbanks. A live and on-demand audio webcast of the conference call will be available via JDE Peet’s’ Investor Relations website. Company Overview; Our Businesses; History and Milestones; Leadership; Culture and Values; 1 Underlying profit (per share) excludes all adjusting items (net of tax). Nine-month report (pdf) The H&M group’s sales development and preliminary results in the third quarter 2020 (pdf) 2019. We continue to make significant progress on our deleveraging priority and we are well on track to reduce our leverage below 3.0x by the end of H1 21. Organic sales growth is defined as the growth in organic sales between the given and comparable year. Apr 15, 2019. The forward-looking statements contained in these materials speak only as of the date of these materials. These Non-IFRS Measures are presented in addition to the figures that are prepared in accordance with IFRS. To determine organic Adjusted EBIT in a given year, Adjusted EBIT in that year is translated at the average foreign exchange rate of the comparable year and excludes Adjusted EBIT from acquired/divested companies until 12 months following the transaction date. Many customer channels were closed - including offices, education, BaReCa (Bars, Restaurants, Cafes), travel and tourism. Annual; Q2 2020 (Millions EUR) Revenue. The JDE Peet’s global portfolio includes: Jacobs, Peet’s, L’OR, Senseo, Tassimo and Ti Ora. This Annual Report shows the organisation's performance against the APCO Packaging Sustainability Framework. As part of your year-end procedures, you must close your books for the fiscal year. Net leverage ratio is defined as net debt divided by Adjusted EBITDA of the last twelve months. Forward-Looking Statement This presentation contains forward-looking statements. We are well on track to reduce our leverage to below 3x net debt to adjusted EBITDA by the end of H1 21. These materials do not constitute an offer to sell or issue, or a solicitation of an offer to purchase or subscribe for, any securities in any jurisdiction. Underlying Profit is defined as Adjusted EBIT for the period including Financial Income and Expenses, Adjusted Taxes and Adjusted Income from associates and joint ventures. Including the effects of foreign exchange and scope changes, adjusted EBIT increased by 9.1%. Organic growth consisted of 5.2% volume/mix growth which was partly offset by a price effect of -0.5%. There are a number of factors that could affect the Group’s future operations and could cause those results to differ materially from those expressed in the forward-looking statements including (without limitation): (a) competitive pressures and changes in consumer trends and preferences as well as consumer perceptions of its brands; (b) fluctuations in the cost of green coffee, including premium Arabica coffee beans, tea or other commodities, and its ability to secure an adequate supply of quality or sustainable coffee and tea; (c) global and regional economic and financial conditions, as well as political and business conditions or other developments; (d) interruption in the Group's manufacturing and distribution facilities; (e) its ability to successfully innovate, develop and launch new products and product extensions and on effectively marketing its existing products; (f) actual or alleged non-compliance with applicable laws or regulations and any legal claims or government investigations in respect of the Group's businesses; (g) difficulties associated with successfully completing acquisitions and integrating acquired businesses; (h) the loss of senior management and other key personnel; and (i) changes in applicable environmental laws or regulations. We implemented furloughs and temporary lay-offs to reduce labour and operating costs. Financial Year Ended 2017. CPG sales continued to grow across segments, largely offsetting the impact COVID-19 has had on our away-from-home businesses, which represents ~25% of total sales. Our liquidity position remains strong, with total liquidity of EUR 1,222 million consisting of a cash position of EUR 504 million and available committed RCF facilities of EUR 718 million. M&A and divestures). Download. Annual Reports for corporations, LLCs, LPs, RLLPs and SFs are due on the first day of the anniversary month of formation. Limited service was maintained where possible in our coffee stores with pick-up and delivery. 2020 Report of the Secretary-Generalon the Work of the Organization Across the business, April and May were most severely impacted by the lockdown restrictions. Our report shares the efforts of our teams who worked alongside farmers, customers and other partners worldwide to do just that. During the company's 2020 annual testing of non-amortizable intangible assets, the company recorded approximately $54 million of impairment charges in the third quarter of 2020 related to three gum and chocolate brands. Organic Adjusted EBIT are defined as Adjusted EBIT translated at the prior year average foreign exchange rate and adjusted for scope changes (a.o. These Non-IFRS Measures are presented in addition to the figures that are prepared in accordance with IFRS. in EUR m Sales Organic Reported Adj. To determine organic sales in a given year, revenue in that year is translated at the average foreign exchange rate of the comparable year and excludes revenue from acquired/divested companies until 12 months following the transaction date. JDE Peet’s is the world's largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 (“FY”) in more than 100 developed and emerging countries. In the first half of 2020, JDE Peet’s was affected by the outbreak of the COVID-19 pandemic, which led to unprecedented circumstances for our company, employees, customers and suppliers. Our company and the wider coffee and tea category continued to show strong resilience during the height of the COVID-19 crisis, despite global economic uncertainty. 2014 Annual Report 1.3 MB. In the first half of 2020, JDE Peet’s was affected by the outbreak of the COVID-19 pandemic, which led to unprecedented circumstances for our company, employees, customers and suppliers. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. JDE Peet’s is the world's largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 (“FY”) in more than 100 developed and emerging countries. The organic sales growth reflects a volume/mix of -0.9% and -0.2% in price. Net financial income/(expenses) (122 ) (133 ), Adjusted income from associates and joint ventures 0 (1 ), Underlying profit for the period 393 351. In tables, negative amounts are shown in parentheses. Selection of historical financial data for JDE Peet’s for the period 2017 to 2019 More information can be found in the Interim Financial Statements. 12 2020 FSOC // Annual Report 40 50 60 70 80 40 50 60 70 80 1990 1994 1998 2002 2006 2010 2014 2018 1990-Present Average 3.1.3 Owners’ Equity as Share of Household Real Estate Percent Percent Source: Federal Reserve, Haver Analytics As Of: 2020 Q2 Note: Gray bars signify NBER recessions. Adjusted EBIT increased organically by 34.4% to EUR 109 million in H1 20, mainly driven by higher sales and lower expenses. 1 Underlying earnings (per share) excludes all adjusting items (net of tax), 2 Based on a pro-forma average number of shares of 499 million. JDE Peet’s is the world's largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 (“FY”) in more than 100 developed and emerging countries. Adjusted EBIT increased organically by 74.4% to EUR 69 million in H1 20 largely reflecting lower operating expenses and a soft comparable basis. All references to industry forecasts, industry statistics, market data and market share in these materials comprise estimates compiled by analysts, competitors, industry professionals and organisations, of publicly available information or of the Group's own assessment of its markets and sales. 5 VETERAN SUICIDE PREVENTION ANNUAL REPORT NOVEMBER 2020 • Suicide Rates • Overall, from 2005 to 2018, the age- and sex-adjusted8 suicide rates among Veterans were higher and rose faster than those among non-Veteran U.S. adults. The annual accounts of JDE Peet’s N.V. (the Company) and its consolidated subsidiaries (the Group) are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (IFRS). The measures used should not be considered as an alternative to profit (loss), revenue or any other performance measure derived in accordance with IFRS or to net cash provided by operating activities as a measure of liquidity. However, starting in June when restrictions were gradually lifted across markets, we saw good recovery. Adjusted EBIT increased organically by 10.5% to EUR 642 million driven by double-digit growth in all three CPG segments and Peet’s, offset by a decline in the Out-of-Home segment. In FY 2019, JDE Peet’s generated total sales of EUR 6.9 billion and had on average 21,255 employees worldwide. On May 29, 2020, JDE Peet’s announced the final pricing terms of the offering, and JDE Peet’s and the selling shareholders, including the company, agreed to sell at a price of €31.50 per ordinary share a total of approximately 82.1 million ordinary shares, including ordinary shares … Organic growth consisted of 5.2% volume/mix growth which was partly offset by a price effect of -0.5%. FINANCIAL REPORTS. All figures in these materials are unaudited. Program Content: INFOCUS—the annual event for current and prospective Oracle JD Edwards customers—brings business leaders together with product experts to discuss how to optimize their JD Edwards investment. NAME STATUS SALARY PAY BASIS POSITION TITLE Notes Financial Performance Indicators - Interim Report 01-09/2020 Interim Report 01-03/2020 Notes Financial Performance Indicators - Interim Report 01-03/2020 Apr 27, 2018. Organic sales are defined as revenue translated at the prior year average foreign exchange rate and adjusted for scope changes (a.o. These trends supported performance in most of our CPG businesses - most notably in the developed markets - but negatively impacted performance in our away-from-home operations. Adjusted EBIT increased organically by 18.2% to EUR 50 million in H1 20, largely driven by the growth in CPG and the transition of the ready-to-drink coffee business to a licensing partnership with Keurig Dr. Pepper. 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