20ANNUAL REPORT16
SFG20AR16
SANTA FEOur purpose is to give everyone the ability to live and work freely around the world. We are committed to making the experience exceptional.
With great integrity, drive, quality and passion, we embrace our responsibility to fulfil our brand promise by leveraging the global consistency of our local operations, the functionality of our customer-centric technology and
the collaborative efforts of our diverse culture.
Our end-to-end service offering span
the entire relocation journey for our personal and business customers. From immigration, moving and destination services through
to our perfect assignment management solutions.
02
SFG20AR16
0001 REFLECTION
HIGHLIGHTS 04
MANAGEMENT REVIEW
Disclaimer
The 2017 outlook reflects management's expectations of future events and must be viewed in the context of the business environments and currency markets, which may cause actual results to deviate
materially from those projected by Santa Fe Group. The outlook is stated at current exchange rates and based on estimated consensus growth rates in key economies as well as present expectations from key corporate customers. Santa Fe's business is seasonal and dependent on the third quarter peak season
at the Northern Hemisphere as well as the local fourth quarter peak season in Australia. Hence, the majority of revenue and earnings may be recognized
in these periods.
REPLAY
LETTER TO OUR SHAREHOLDERS 09
2020 STRATEGY 10
THE STRATEGIC AGENDA IN 2017 12
REVIEW
FINANCIAL HIGHLIGHTS 15
AND KEY RATIOS
SANTA FE IN BRIEF 16
FINANCIAL REVIEW 18
RESPONSIBILITY
SUSTAINABILITY 23
CORPORATE GOVERNANCE 24
BOARD OF DIRECTORS 26
RISK MANAGEMENT 28
INTERNAL CONTROLS 30
SHAREHOLDER INFORMATION 32
STATEMENT BY THE BOARDS 34
INDEPENDENT AUDITORS' REPORT 35
FINANCIAL STATEMENTS
REPORT
CONSOLIDATED 41
PARENT COMPANY 71
REFLECTION
DEFINITIONS 80
SUBSIDIARIES AND ASSOCIATES 82
CONTACTS 84
03
SFG20AR16
Customers at the core of new technology platform
Santa Fe launches the development of a new CORE Technology platform to
Brexit brings uncertainty to immigration
The Brexit vote in the UK causes international concern and uncertainty about the future of international trade and free movement of employees within the EU. For Santa Fe Brexit means an immediate stall in numbers of relocations to and from the UK - but in the longer term Santa Fe expects an increased
focus on mobility servic Santa Fe signs a Me understanding to divest Management business in Iron Mountain Inc. for a tot of EUR 27.1m and an ex approx. EUR 16m. When th completed, Santa Fe will be becoming the world's lead mobility service provider. | |
AUG |
Divestment secures full
es
morandum of its Records
10 markets to
leverage customer experience and provide
a fully-integrated solution for customers and assignees, customer service, operations and financial reporting. The new technology will position Santa Fe at the head of the mobility industry.
demand for immigration support and relocations as companies reorganise their activities around the UK.
al consideration
pected gain of e transaction is fully focused at ing end-to-end
JAN
JUN
JUL
2016
Strategic leverage to global operations Santa Fe announces the appointment of Kevin Paterson for a new strategic position as Chief Operating Officer. He takes on key responsibility for strengthening the core business, implementing new technology, reducing costs and driving business excellence throughout the global organisation.
Driving growth in Americas
Americas represent a key strategic growth potential and to support the further development of the Group's position in this region, Santa Fe announces the appointment of David Byers as new CEO with responsibility for the USA, Canada and Latin America.
REVENUE EBITDA BEFORE SPECIAL ITEMS
-9.4%Growth
in EUR
from 2015-2016
-7.1%Growth
in local currency from 2015-2016
10.8%Growth
in local currency from 2015-2016
Margin
2016 3.1%
2015 2.7%
0 100
200
300
400 0
5 10 15
EURm | |||
2016 | 338.6 | 2016 | 10.6 |
2015 | 373.6 | 2015 | 10.2 |
2014 | 338.1 | 2014 | 12.3 |
2013 | 318.5 | 2013 | 9.1 |
2012 | 341.5 | 2012 | 13.1 |
04 |
Santa Fe Group A/S published this content on 02 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 March 2017 08:03:11 UTC.
Original documenthttp://investor.thesantafegroup.com/releasedetail.cfm?ReleaseID=1015356
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