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GROUP PRESENTATION 2016 - World Travel Catering ...
G R O U P P R E S E N TAT I O N
              2016
GROUP PRESENTATION 2016 - World Travel Catering ...
G R O U P P R E S E N TAT I O N
                                                                                                       2016

With origins in Group Catair in 1996, and founded by its Co-CEO’s Olivier Sadran                                             ▲

                                                                                                                             “Newrest ‒ Catering
and Jonathan Stent-Torriani in Toulouse (France), Newrest is today a global leader                                           unlimited” artwork
                                                                                                                             by Marc Giraud ‒
in multi-sector catering. With 2014/15 revenues under management of almost 1.5 Billion                                       Newrest Morocco, created
                                                                                                                             for the 10th Anniversary
Euros and more than 28,000 employees worldwide, Newrest is present in 50 countries.                                          of Newrest and inspired
                                                                                                                             by Pierre Javelle
                                                                                                                             and Akiko Ida.
Newrest is the only major catering company active in all catering and related hospi-
tality segments including airline catering, rail catering, contract catering, concession
retail, buy-on-board, Remote site and support services.
GROUP PRESENTATION 2016 - World Travel Catering ...
Newrest/Matmut                                                                                                                                         03
    sailing boat
      skipped by
 Fabrice Amedeo
  and Éric Péron

              ▶
                                                               SUMMARY

                     ▼                                     ▼
                              GRO UP                               GRO UP
                   01         PRE S E N TAT I O N        02        ACT I V I T I E S
                                                                                               Photo credits: Frédéric Maligne for Newrest,
                                                                                               Alexandre Badot for Newrest Canonica, Newrest
                                                                                               Canonica in Switzerland, Newrest Chile, Newrest
                                                                                               Costa Rica, Newrest Croatia, Stephan from
                                                                                               Orangeline de Pretoria for dnata Newrest, dnata
                                                                                               Newrest, Newrest Gabon, Newrest Ghana, Kopalas
                                                                                               Kyriakos from NLS Studio for Newrest Greece,
                                                                                               Newrest Gulf, Marc Giraud for Newrest Morocco,
                                                                                               Newrest Morocco, Mario Jorge for Newrest Wagons-
                                                                                               Lits in Portugal, Newrest Private, Corine Tellier for
                                                                                               Newrest in Reunion Island, Newrest Saudia Airlines
                                                                                               Catering, Newrest SOS, Newrest Wacasco, Muneeb
                                                                                               Khan for Newrest Wacasco, ÖBB-PV AG for Newrest
                                                                                               Wagons-Lits in Austria, Xanthe Cooke for Newrest
                                                                                               Zambia, Fotolia. Newrest/Matmut's boat photos:
                                                                                               Reportersdularge.com

                                                                                               Cover: Hernan Hernandez, Newrest chef at Paris Orly
                                                                                               unit (ORY). Portrait by Frédéric Maligne.
                                                                                               Creation: Newrest

                                    P. 04                               P. 24

                   N E W R E ST I S . . .       P. 06   I N F L I G H T  P. 26

                   H I STO R Y  P. 08                   R A I L  P. 30

                   G R O U P ST R U CT U R E    P. 10   R E M OT E S I T E           P. 34

                   GLOBAL NETWORK               P. 12   C AT E R I N G  P. 38

                   KEY FIGURES                  P. 14   R E TA I L  P. 42

                   SHAREHOLDER
                   ST R U CT U R E  P. 15

                   EXECUTIVE BOARD              P. 16

                   O R G A N I Z AT I O N
                   C H A RT  P. 18

                   N E W R E ST ' S
                   CO M M I T M E N TS  P. 20
GROUP PRESENTATION 2016 - World Travel Catering ...
04                                         05

         G R O U P P R E S E N TAT I O N
         01

     A320 airplane
     loading ‒ Athens
     airport (ATH),
     Greece

     ◀
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                          Group Presentation 2016 ▶ 01 Group Presentation
                        N E W R E ST I S . . .

                                                     50
                                                  CO U N T R I E S

            5                                    954.9 M€            1,495.0 M€                      €
       A CT I V I T Y                              Consolidated      Sales under management
       S E CTO R S                                 sales 2014∙15             2014∙15

     1,000,000                                                                                28,000
      MEALS SERVED                                                                            EMPLOYEES
        PER DAY
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                                                                                                                     Group Presentation 2016 ▶ 01 Group Presentation
                                   H I STO R Y

      1996                                              2005                                                                                                      2015

                                                                                                                             Joint venture dnata
                                                                                                                             Newrest in South Africa
                                                                                                Acquisition of               and Newrest Gulf in Qatar,
                                                                                                Compagnie des                Kuwait, Bahrain and UEA
                                                                                                                                                           Newrest celebrates its 10th Anniversary

                                                                                                wagons-lits
                                                                                                                             Award of SNCF train
                                                                                                                                                                Acquisition of Casa
     C R E AT I O N                                     C R E AT I O N
                                                                                                Acquisition of Airshop        contract in France
                                                                                                                                                                Phillips in Costa Rica
     O F C ATA I R                                     OF NEWREST                                                                                               Starting of operations
     by Olivier Sadran                                                                                                                                          in New Caledonia

                                                                                                               2010                           2013

                             2001                                   2006                    2008                                 2012                     2014

                                                                                               Joint venture with Saudia      Joint venture with SOS            Acquisition of Atasa
                         Merger of Catair with                    Opening of the inflight      Catering in Saudi Arabia,      in the Philippines                in Morocco
                         Eurest Inflight (Compass                 catering unit at Paris       and Wacasco in Oman            and Red Med in Algeria
                                                                                                                                                                Acquisition of 100% of
                         inflight catering division)              Charles de Gaulle            Acquisition of LSG Sky         IPO Saudia Airlines              First Catering in Ghana,
                                                                                               Chefs in Spain                  Catering                         Zambia and RSA

                                                              14 COU NTR I E S               28 CO UN TRIES                46 CO UN TRIES                  49 CO UNT RI ES
                                                              2 ACTI VI TY S E CTORS         4 ACTIVITY SECTO RS           5 ACTIVITY SECTO RS             5 ACTIVI TY S ECTORS

                                                              8,000       E MPLOY E E S      12,100 EMP LOYEES             23,000 EMP LOYEES               28,000 EM PLOYEES
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                                                                                                                                              Group Presentation 2016 ▶ 01 Group Presentation
                                               G R O U P ST R U CT U R E

                                                  TUR N OVER BY B USINESS                                                                       ACT I V I TY DI ST RI BUT I O N
                                                     (Managed ∙ excluding Saudia Catering)                                                         (Total number of served meals in 2014/15)

                                                                                                                                                                                               18.6%
                                                                                                                                                                                               C AT E RIN G

                                                                                                    15.2%
                         44.1%                                                                      R E M OTE SI TE                                                                            12.9%
                          IN F LIGHT                                                                                                                                                           R E M OT E S IT E

                                                                                                    13.1%                  59.3%
                                                                                                    CATE R I NG
                                                                                                                            I NFLI G H T
                                                                                                                                                                                               5.6%
                                                                                                                                                                                               RA IL
                       24.4%                                                                        3.2%
                                 RAIL
                                                                                                    R E TA I L
                                                                                                                                                                                               3.6%
                                                                                                                                                                                               R E TA IL

                     I NFLI G HT                                   RAIL                      REMOTE SITE                  CAT E RI N G                          RE TA I L

                  30 CO U N T R I E S                      4 COU NTR I E S                   24 COU NTR I E S          26 CO UN TRIES                    14 CO UN TRIES

     * Managed
                          429.5 M€                                 236.9  M€                          147.4  M€                 127.5 M€                            31.4 M€
      excluding
                          Turnover*                                Turnover*                          Turnover*                 Turnover*                           Turnover*
        Saudia
       Catering

                  ACTI V I TI ES                        ACTIVITIES                           ACTIVITIES                ACT I V I T I E S                ACT I V I T I E S
                  • C atering                          • C atering                         •C  amp construction     Catering in:                     • Proprietary brands
                  • V IP Catering                      •H  otel services                      & management           • C ompanies                    • I nternational franchises
                  • B uy on board                      • L ogistics                        •H  otel services        • A dministration               • L ocal franchises
                  • D uty Free on bord                 • S ervices to                      • C atering              • Education                     • B ars, shops and
                  • L ounges                              passengers (B to C)               • L eisure               • H ealth system                  restaurants in airports,
                  • I ntegrated mangagement            • C ounsel & technical              • F acility management   • Facility management             at highway service
                     services                              assistance (B to B)                                                                                                                                     ◀
                                                                                                                                                          stations, on board ships
                  • L ogistics                                                                                                                                                                                    Lunch service
                                                                                                                                                          and at bus terminals                                     at Mejillones’
                                                                                                                                                                                                                   petrol extraction
                            ▼                                         ▼                                 ▼                         ▼                                   ▼                                            camp – Chile

                     SUBS I DA R I E S                        SUBSIDARY                          SUBSIDARY                  SU BSI DA RY                      SU BSI DA RY
                     • Newrest Inflight                   Newrest Wagons-Lits                 Newrest Remote site         Newrest Catering                    Newrest Retail
                    • Airshop Solutions
                          • Airshop
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                                                                                                                                                                    Group Presentation 2016 ▶ 01 Group Presentation
                              GLOBAL NETWORK                                                                                          T URN OV E R BY DI V I S I O N
                                                                                                                                                          (Managed)

                                                                                                                                                       39.9%
                                                                                                                                                        EUROPE

                                  EUROPE
                                  Austria
                                  Belgium
                                  Croatia
                                  Cyprus
                                  France
                                  French West Indies        M IDDL E-EAST,                     8.2%
                                  Greece                                                        AME R I C A
                                                            ASIA & OCEANIA
                                  The Netherlands
                                                            Bahrain
                                  Portugal
                                  Reunion Island            Kuwait                             7.8%
                                                                                         NO RTH AFR I C A
                                                            New Caledonia     new
                                  Spain
                                  Switzerland               Oman   
                                  United Kingdom            Philippines                        5.6%
                                                            Qatar                   S O U TH E R N AFR I C A
                                                            Saudi Arabia
                                                            United Arab Emirates

                                                                                                                                                        38.5%
                                                                                                                                                    MI D D LE - E AST, AS I A
                                                                                                                                                         & O C E ANI A

                                                                                                               GRO UP’ S T URN OV E R E VO LUT I O N BY DI V I S I O N
                                                                                                                                       (Managed turnover between 2013/ 14 and 2014/ 15)

                                                                                              EU R O PE                 AM ER ICA                   NO RT H AF R ICA                 S O U T HER N           MID D LE-EAST,
                                                                                                                                                                                        AF R ICA            ASIA & OC EAN IA
                                                                                           ▲ +6.1%                                                                                                                                        6 00 M€
     AM E RI C A                                                                                                                                                                                              ▲ +17.2%
     Bolivia
     Brazil
     Canada
                                  AF RICA
                                  NORTH AFRICA         SOUTHERN AFRICA                                                                                                                                                                    400 M€
     Chile
     Costa Rica         new       Algeria              Angola
     French Polynesia             Egypt                Cameroon
     Mexico                       Ghana                Congo-Brazzaville
     Panama                       Guinea-Conakry       Gabon                                                                                                                                                                              2 00 M€
     Peru                         Liberia              Madagascar                                                     ▲ +9.5%                         ▲ +4.0%
                                  Libya                Mozambique                                                                                                                   ▲ +8.0%
                                  Morocco              South Africa
                                  Niger                Tanzania     new
                                  Nigeria              Uganda                                                                                                                                                                             0 M€
                                  Tunisia              Zambia                           2 0 1 4 /1 5 : 596.2 M €   2 0 1 4 /1 5 : 1 2 1.9 M €       2 0 1 4 /1 5 : 1 1 7.2 M €    2 0 1 4/1 5 : 8 3.6 M €   2 0 1 4 / 15 : 5 76. 2 M €
                                                                                        2 0 1 3 /1 4 : 561.9 M €   2 0 1 3 /1 4 : 1 1 1.3 M €       2 0 1 3 /1 4 : 1 1 2.8 M €    2 0 1 3 /1 4 : 77.4 M €   2 0 1 3 / 1 4 : 49 1. 8 M €
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                                                                                                                                                                                                                                                                             Group Presentation 2016 ▶ 01 Group Presentation
                                                                                KEY FIGURES

                                                                G R OUP ’S TURNOVER EVOLUTION                                                                                                                                                  GRO UP’ S F I V E M A J O R CO UN T RI E S T URN OV E RS
                                                                                                 (in million euros)                                                                                                                                   (% of Group’s total managed turnover 2014/ 15 ∙ excluding Saudia Catering)

1,6 0 0 M€

                                                                                                                                                                                                     1,495.0
                                                                                                                                                                                                                                    FRANC E
1, 40 0 M€                                                                                                                                                                                                                                                                                                                         MO R O CCO
                                                                                                                                                                                                                              35.9%                                                                                                6.7 %

                                                                                                                                                                                  1,318.5
1, 200 M€                                                                                                                                                                                                                       348.8 M€
                                                                                                                                                                                                                                                                                                                                   65.6 M€
1, 00 0 M€                                                                                                                                                                                                                             S PAI N                                                                                     GREECE

                                                                                                                                                              1,085.0
                                                                                                                                           987.3
                                                                                                                                                                                                                                11.7%                                                                                              4.1%

                                                                                                                                                                                             954.9
                                                                                                                          893.9

                                                                                                                                                                          880.3
     800 M€
                                                                                                                                                                                                                                  114.1 M€                                                                                         40.1 M€

                                                                                                          716.0

                                                                                                                                                      662.0
     6 00 M€                                                                                                                                                                                                                                                                                                                       PERU
                                                                                         638.6

                                                                                                                                                                                                                     OTH E R CO U NTR I E S
                                                                        618.2

                                                                                                                                                                                                                                                                                                                                   4.1%

                                                                                                                                   595.1
                                                                                                                                                                                                                              37.5%
                                                                                                                  569.5
     4 00 M€
                                                                                                                                                                                                                                                                                                                                   39.5 M€
                                                                                                  432.1

                                                                                                                                                                                                                                 364.1 M€
                                                                                 384.6
                                                                372.6
                                                       307.1
                                               282.1

     200 M€
                                     261.0
                             241.5
                  196.0

       0 M€
               2 0 0 4 / 0 5 2005/ 06          2006/ 07         2007/ 08         2008 /09         2009/10         2010/11          2011/12            2012/13             2013/14            2014/15

                                             ■ Consolidated turnover ¦ ■ Managed turnover (including Saudia Catering)
                                                                                                                                                                                                                                              S H A R E H O L D E R S ST R U CT U R E

                                                                                                                                                                                                               A solid economic development of a company requires                            remaining shares held by trusted private investors.
                                                    SAUD I A C ATER ING’ S TURNOVER EVOLUTION                                                                                                                  a solid shareholder structure. Newrest Group’s cap-                           The company is therefore in control of its strategic
                                                                 (Not consolidated, minority shareholding under Newrest management)
                                                                                                                                                                                                               ital is majority-owned by its management – Newrest                            choices – and shall continue to choose long-term
                                                                                                                                                                                                               is held at 90.2% by over 250 managers – with the                              sustainable development over short-term gains.

                                                                                                                                                                                            597 M$
                                                                                                                                                                                                                          9.8 %
     6 00 M$                                                                                                                                                            555 M$
                                                                                                                                             542 M$
                                                                                                                                                                                                                          FI N AN CI AL
                                                                                                                          446 M$                                                                                        I N V ESTO RS:
                                                                                                                                                                                             67 %
                                                                                                                                                                         69 %

     4 00 M$                                                                                         383 M$
                                                                                                                                                   69 %

                                                               284 M$            313 M$                                                                                                                                    5.4 %
                                                                                                                            69 %

                                         272 M$                                                                                                                                                                NA XI C AP PARTNE RS

                                                                                                                                                                                                                                                                                                                                             90.2     %
                    236 M$
                                                                                                          72 %

                                                                                                                                                                                                                           2.9 %
                                                                                   75 %
                                                                77 %
                                             80 %

     200 M$
                          84 %

                                                                                                                                                                                                               AR D I AN ( E X. A X A P E )
                                                                                                                                                                                                                                                                                                                                             MAN AG EMEN T
                                                                                                                                                                                                                             1.5 %
        0 M$                                                                                                                                                                                                      B NP PAR I B AS DVP

                          2007               2008               2009               2010                   2011              2012                   2013                  2014                 2015

                                                                                ■ Airline Catering ¦ ■ Other activities
GROUP PRESENTATION 2016 - World Travel Catering ...
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                                                                                                                                                                                                     Group Presentation 2016 ▶ 01 Group Presentation
          EXECUTIVE BOARD

                                     ▶   1OLIVIER SADRAN                                                               2JONATHAN STENT-TORRIANI
                                         CHIEF EXECUTIVE OFFICER                                                       CHIEF EXECUTIVE OFFICER

                                         Olivier Sadran is the founder of Catair in France in                          Previously CEO of Compass Group Southern Europe,
                                         1996 and was principally responsible for the devel-                           and partner of Olivier Sadran in a number of ven-
                                         opment of the company under the name of Eurest                                tures, he brings his strategic and senior manage-
                                         Inflight Services. French entrepreneur, he is the                             ment experience acquired over numerous years in
                                         principal shareholder of several French companies                             the airline catering, industrial catering and hotel
                                         in different sectors.                                                         services industries to the Group.

                1               2

                                         3Emmanuelle                            4Olivier                               5Benoît VIGNON                           6Monika
                                         BO CCA RDO PUI G                       MAURICETTE                             M A J O R P R OJ E CTS
                                                                                                                       & A U D I T D I R E CTO R
                                                                                                                                                                TRAWINSKA
                                         VICE PRESIDENT                         VICE PRESIDENT                                                                  G E N E R A L S E C R E TA R Y
                                         EUROPE DIVISION                        FRANCE                                 Benoît graduated from Business
                                                                                                                                                                Graduate of International Busi-
                                         Graduate of Essec in 1991, Emma-       Olivier has worked for the Group       School and joined Newrest in
                                                                                                                                                                ness Law, Monika joined Newrest
                                         nuelle initially worked for Arthur     in several positions for over a        2012 after gaining several years
                                                                                                                                                                in 2006 as Legal Counsel. After
                                         Andersen and Ernst & Young.            decade, amongst which Coun-            of experience working with E&Y in
                                                                                                                                                                assisting the presidents during
                                         Recruited in 2000, she was in          try Manager (France, Tunisia),         Paris. He brought his expertise in
                                                                                                                                                                several years, she was promoted
                                         charge of Group Finance, Coun-         head of North Africa Division and      process structuring to the Group,
                                                                                                                                                                in 2012 to Corporate Secretary.
                                         try Manager (France) and Internal      Vice President Africa. Finally, he     first occupying the post of Inter-
                                                                                                                                                                Monika is responsible for legal
                                         Audit. Emmanuelle has opera-           was promoted to Vice President         nal Auditor before being named
                                                                                                                                                                Group’s activities and is based in
                                         tional responsibility for Europe       France. Olivier is based in Tou-       Director for Major Projects &
                                                                                                                                                                Toulouse, France.
                                         Division and is based in Toulouse,     louse, France.                         Audits in 2015. Benoît is based in
                                         France.                                                                       Toulouse, France.

     3          4           5   6

                                         7 Pierre BRUGÈRE                       8 Pascal REGIMBAUD                     9Jessica HAYES                           10 Matthieu JEANDEL
                                         VICE PRESIDENT                         VICE PRESIDENT                         CO M M E R C I A L D I R E CTO R         VICE PRESIDENT FINANCES
                                         S ALE S & MAR K E TI NG                R E MOTE S I TE                        INFLIGHT & RAIL                          & AD M IN IST RAT ION
                                         After many years of experience         Pascal Regimbaud was in charge         After having graduated from Inter-       Matthieu held various financial
                                         in airlines (United Airlines, Air      of operations and later of the         national Management and gath-            roles first with Thalès, then with
                                         France, UTA), airline catering and     commercial department for Uni-         ered years of experience in the          Deloitte & Touche Corporate
                                         concession contract companies          versal Sodexo, before being in         hotel industry working for Marri-        Finance. He joined Compass
                                         (LSG, Elior), Pierre joined Newrest    charge of the commercial division      ots Hotels, Jessica joined Newrest       Group in 2003, based in Dubai
                                         in 2007. Previously VP of Europe,      of CIS. He joined Newrest in 2008      – formerly Catair – in 2002. She         with responsibility for finance in
                                         Pierre has now the commercial          in order to develop the Remote         held several financial and com-          the Middle East and Africa. Join-
                                         responsibility for all activity sec-   site Division, bringing new com-       mercial positions before being           ing Newrest in 2006, Matthieu is
                                         tors. He is based in Toulouse,         petence and know-how. Pascal is        promoted to Commercial Director          today in charge of Finance and
                                         France.                                based in Toulouse, France.             for inflight and rail in 2015. Jessica   Administration. He is based in
                                                                                                                       is based in Toulouse, France.            Toulouse, France.
     7          8           9   10

                                         11 Olivier LAURAC                      12 Fa bi e n RE VO L                   13 O l i v i e r S UA RE Z               14 Marc STA R K É
                                         VICE PRESIDENT                         CO O MI D D LE - E AST                 CO O N O R T H A F R I C A               CO O S O U T H E R N A F R I C A
                                         AME R I C A D I VI S I O N             D I VI S I O N, AS I A & O C E ANI A   D I VI S I O N                           D I VI SION
                                         Graduate of Science Speciali-          Fabien is graduated in economics       Olivier works for the Group since        Holding a MBA in Hospitality
                                         zation Finance, Olivier worked         & marketing with a masterin inter-     1998. Graduated in International         Business, Marc has developed
                                         in several countries around the        national business. His specializa-     Public Law, he hold several posi-        his skills working in Asia, the
                                         world. He was recruited in 2008,       tion in Asian cultures brought him     tions as Commercial and Coun-            Middle-East and Africa. He joined
                                         and held positions as Country          to Asia before joining Newrest         tr y Manager (France, Spain).            Newrest Group in 2013 as Coun-
                                         Manager in Oman, Angola and            in 2010 as Operations Director.        Today, Olivier is Country Manager        try Manager Angola. Marc is now
                                         COO in South Africa Division.          Today, Fabien is Country Man-          Morocco and in charge of North-          COO of Southern Africa Division.
                                         Olivier is now Vice President in       ager Qatar and COO Middle-East         ern Africa Division. He is based in      He is based in Johannesburg,
                                         charge of America Division. He is      (excluding Saudi Arabia). He is        Casablanca, Morocco.                     South Africa.
                                         based in Santiago de Chile, Chile.     based in Doha, Qatar.

     11        12       13      14
18                                                                                                                                                                                                                                                                                                                                                                                   19
                                                                                                                                                                                                                                                                                                                    Henri FISZER
                                                                                                                                                                                                                                                                                                                               PA RTNER

                                                                                                                                                                                                                                                                                                                                                                                  Group Presentation 2016 ▶ 01 Group Presentation
                                                        O R G A N I Z AT I O N C H A RT                                                                                                                                                                                                                                                +
                                                                                                                                                                                                                                                                                                              Pa t r i c k T I M B A R T
                                                                                                                                                                                                                                                                                                                    COUNSEL TO THE CEOS
CEOs

                                                                           OLIVIER SADRAN                                                                                                                                            J O N AT H A N
                                                                                                                                                                                                                                S T E N T- TO R R I A N I
                                                                                              CO - C E O
                                                                                                                                                                                                                                                CO - C E O

                                                              E UR O P E                                                                    NORTH                                   SOU T H ERN                          A M ERI C A &                                     M I D D LE-EA ST,
                                                            Emmanuelle                                                                      AFRIC A                                    A F RI C A                   F RENC H POLY NESI A                                  A SI A & OC EA NI A
                                                           BOCC AR D O PUIG                                                             Olivier SUAREZ                              M a rc STA RKÉ                      Olivier LAURAC                                      Fa bi e n RE VO L
                                                                      VICE PRESIDENT                                                            COO                                         COO                               VICE PRESIDENT                                              COO

                                                                                                                                                                                                                                                                                                                                           MID D LE-EAST
                                                                              Bernard MARTINEZ (Benelux) /                                            Bruno HERICHÉ /                             Louis MALIKITÉ                           Yvon MARTINEZ                                        MIDDLE- EAST                               Wajdy ALGHABBAN
                                                                              J. VAN DE PORT (Amsterdam) /                                            Arezki AMIR · Remote site                                                            BOLIVIA
DIVISIONS

                                                                                                                                                                                                  CAMEROON                                                                                                                                 C E O O F S A U D I A C AT E R I N G
                                                                              F. THEVENON (Brussels)                                                  ALGERIA                                                                                                                                   Nicolas PAULY
                Olivier                                                       BENELUX
                                                                                                                                                                                                  Abraham BALIMA                           Frédéric HILLION                                     OMAN                                       Martial VERINE ·
                                                                                                                                                      Olivier SUAREZ /                                                                     CANADA
              MAURICETTE                                                      Frédéric GATTEAU /                                                      Marc GIRAUD
                                                                                                                                                                                                  CONGO -BR A ZZ AVILLE
                                                                                                                                                                                                                                                                                                Fabien REVOL                               Catering & Remote site
                                                                                                                                                                                                                                                                                                                                           SAUDIA AR ABIA
                VICE PRESIDENT                                                                                                                                                                    Erik DELFOUR                             Oriane                                               Q ATA R
                                                                              Louis SHENOUDA · Duty Free                                              MOROCCO
                                                                                                                                                                                                                                           MARRAUD DES GROTTES
                    FRANCE                                                                                                                                                                        GABON                                                                                                                                    Jaap ROEST · Inflight & CPU
                                                                              SPA IN & P O RTUG A L
                                                                                                                                                      Nicolas LETELLIER                                                                    CHILE                                                                                           SAUDIA AR ABIA
                                                                              Pierre MAGNARD                                                          TUNISIA
                                                                                                                                                                                                  Thomas MATTHEY
                                                                                                                                                                                                  SOUTH AFRICA                             Pierre MARTENS
                                                                              AUSTRIA
                                                                                                                                                      Xavier TERRIER                                                                       C O S TA R I C A
                                                                              Manuella KAPAGIANNIDI                                                   GHANA
                                                                                                                                                                                                  Sountou BOUSSO
                                                                                                                                                                                                  ANGOLA                                   Felicia GASPAR                                       OCEANIA                                ASIA
                               E. LEPRÊTRE · Inflight /                       GREECE & CYPRUS
                               F. CARPENTIER · Rail /                                                                                                 Sébastien JOLY                                                                       MEXICO                                               Aurélie GUEGUEN                        Louis-Paul HEUSSAFF
                                                                              Xavier DELALANDE                                                        GUINE A- CONAKRY
                                                                                                                                                                                                  Alexandre LELIÈVRE
                               FRANCE                                                                                                                                                             MADAGASCAR                               Olivier BILLEREY                                     NEW CALEDONIA                          PHILIPPINES
                                                                              C R O AT I A
                               Thomas GINOUVES                                                                                                        Jean-Luc SADRAN                                                                      PERU
                                                                              Philippe TÉTU                                                           LIBERIA
                                                                                                                                                                                                  Zied MANOUBI
                               FRENCH WEST INDIES                                                                                                                                                 UGANDA                                   Arnaud PRADEL
                                                                              SWITZERL AND
                               Jean-Charles BOUQUET                                                                                                   Jean-Pierre DE VIDO                                                                  F R E N C H P O LY N E S I A
                                                                              Peter BERKELEY                                                          NIGER
                                                                                                                                                                                                  Jean-Charles LANCIAUX
                               REUNION ISL AND                                                                                                                                                    ZAMBIA
                                                                              UNITED KINGDOM
                                                                                                                                                      Laurent MOUSSARD
                                                                                                                                                      NIGERIA

                SALES                                                      FINANCES                                                  HUMAN                        QHSE            MAJOR PROJECTS                          IT SERVICES                 COMMUNICATION                                         DIGITAL                                         LEGAL
             & MARKETING                                               & ADMINISTRATION                                            RESOURCES                                      & INTERNAL AUDIT
             Pierre BRUGÈRE                                              Matthieu JEANDEL                                    Guillaume JARLAN Teresa ESPADA                        Benoît VIGNON                          Christophe                          Dominique                                Baptiste                                         Monika
                VICE PRESIDENT
              SALES & MARKETING
                                                                          VICE PRESIDENT FINANCES
                                                                              & A D M I N I S T R AT I O N
                                                                                                                                   HUMAN RESOURCES              QHSE DIREC TOR         MAJOR PROJECTS                       BAJON                              PILATTE                               CHANOURDIE                                       TRAWINSKA
                                                                                                                                      DIREC TOR                                   & INTERNAL AUDIT DIRECTOR                 IT DIREC TOR                       C O M M U N I C AT I O N                   D I G I TA L P R O J E C T                 G E N E R A L S E C R E TA R Y
                                                                                                                                                                                                                                                                    DIREC TOR                                    MANAGER
M AT R I X

                 Pa s c al REG IMB AUD                                              Th o ma s L I A RTE
                                                                                    C O N S O L I D AT I O N & R E P O R T I N G                                                      Nico la s GO NZ A L E S
                 VICE PRESIDENT REMOTE SITE
                                                                                                                                                                                      INTERNAL AUDITOR INFLIGHT
                 Je s sic a H AY E S                                                A le x an dre
                 COMMERCIAL DIRECTOR                                                CEL L IER- CO URTIL
                 INFLIGHT & RAIL                                                    GROUP TREASURER                                                                                   Emmanu e l B O NNIN
                                                                                                                                                                                      PROJECT MANAGER
                 C at h e r in e CH A PL A IN                                       X av ie r PA L A ISE
                 C O M M E R C I A L D I R E C T O R C AT E R I N G
                                                                                    G R O U P TA X
20                                                                                                                                                                                                                                                        21

                                                                                                                                                                                                                                                      Group Presentation 2016 ▶ 01 Group Presentation
                                    N E W R E ST ' S CO M M I T M E N TS …

    Employees
      receiving                                                                                                                                                                              A L O N G -T E R M V I S I O N
  certificates ‒
      QDVC Um
     Al Hawaya                                                                                                                                                                               Newrest's strategic choices are based on an over-
labour commu-
     nity, Qatar
                                                                                                                                                                                             all vision that includes calculated risk-taking, and
                                                                                                                                                                                             favours solid opportunities and long-term invest-
              ▶
                                                                                                                                                                                             ments. To promote this long-term vision of the
                                                                                                                                                                                             business among management, Newrest constantly
                                                                                                                                                                                             ensures transparency and equity.

                                                                                                                                                                                             …TO I TS E M P L OY E E S
                                                                                                                                                                                             Newrest is very vigilant in terms of humanresources
                                                                                                                                                                                             to ensure it provides quality services to its clients.
                                                                                                                                                                                             The optimal management of employees and skill
                                                                                                                                                                                             development for all personnel are the cornerstone
                                                                                                                                                                                             of our strategy. The Group takes the position that
                                                                                                                                                                                             respect for working conditions is a fundamental
                                                                                                                                                                                             value. It also undertakes to motivate its teams and
                                                                                                                                                                                             promote the continuous training of personnel.

                                                                                                                                                                                             E Q UA L O P P O RT U N I T Y
                                                                                                                                 preparation of a meal, from menu design to service.         & A N T I - D I S C R I M I N AT I O N
                     Whether with regard to its employees, clients or suppliers, Newrest                                         These processes apply to all of the Newrest Group           I N E M P L OY M E N T
                     is committed to excellence in essential areas: the taste and dietary                                        teams. In fact, the objective of our Management
                                                                                                                                                                                             Newrest is committed to ensuring all employees are
                     balance of meals, the quality and safety of products and services,                                          System is to be integrated, which has allowed us
                                                                                                                                                                                             treated equally. In accordance with its recruitment
                                                                                                                                 to achieve other certifications when our clients so
                    respect for human rights and working conditions, as well as the envi-                                        require for their markets.
                                                                                                                                                                                             policy, it is attentive to the experience and dyna-
                       ronment, and the fight against corruption. Newrest also strictly                                                                                                      mism of applicants while guaranteeing equal oppor-
                                                                                                                                                                                             tunity for everyone.
                   complies with international standards and recommendations and takes                                           C U ST O M E R S AT I S FA CT I O N
                                 all measures required to ensure conformity.                                                     Newrest implemented a number of tools to identify           O PT I M A L W O R K I N G
                                                                                                                                 the level of satisfaction of its clients. For Inflight      CO N D I T I O N S
                                                                                                                                 catering, the Group created a common QMS data-              & O CC U PAT I O N A L S A F E T Y
                   …TO I TS C L I E N TS                                 implemented a nutrition campaign called “Marcel         base for all of the businesses, which includes all inci-
                                                                                                                                                                                             The Group is committed to strict compliance with
                   A N D CO N S U M E R S                                & Linda” for adults and “Madeleine” for children. A
                                                                         poster campaign raises personnel's awareness on
                                                                                                                                 dents of which the Group has been informed. How-
                                                                                                                                 ever, when we are in direct contact with the client,
                                                                                                                                                                                             labour laws and to offering its employees a comfort-
                                                                                                                                                                                             able, healthy and safe work environment.
                                                                         dietary balance, the importance of physical activity,   such as in canteens or corporate cafeterias and on
                   In all of our kitchens and canteens, our employees
                                                                         the prevention of cardiovascular problems, etc. This    Remote sites, areas of improvement are identified
                   are committed to offering consumers balanced, var-
                                                                         communication often includes a nutritional assess-      through customised satisfaction surveys.
                                                                                                                                                                                             W E L L- B E I N G O F E M P L O Y E E S
                   ied and tasty meals, while scrupulously complying
                                                                         ment that is offered to consumers.                                                                                  Newrest is very attentive to the health and well-being
                   with hygiene standards.
                                                                                                                                 O P E R AT I O N A L O PT I M I S AT I O N                  of its employees the Group takes all possible meas-
                   A PA S S I O N F O R TA ST E                          O PT I M A L Q UA L I T Y & H Y G I E N E               AND IT TOOLS                                                ures to offer the best access possible to healthcare
                                                                         CO N D I T I O N S                                                                                                  services, in particular in the developing countries in
                                                                                                                                 Thanks to its constant search for innovative solutions
                   At Newrest, meals are not just about eating. We                                                                                                                           which it operates. Through small and more extensive
                                                                         The Newrest Group applies very strict hygiene           to optimise its operations and improve its respon-
                   make sure meals are delightful for the palate and a                                                                                                                       actions, Newrest is also committed to making sure
                                                                         and quality rules, which is required in a stringent,    siveness, Newrest has acquired specific expertise in
                   pleasant moment of sharing.                                                                                                                                               the daily work environment is more pleasant and
                                                                         demanding and sensitive sector: Catering. Service       catering. By reducing its costs in the procurement
                                                                                                                                                                                             comfortable for all of its employees.
                                                                         quality is at the heart of employee concerns. Every     chain and by realising internal synergies, the Group
                   H E A LT H Y N U T R I T I O N                        day, they endeavour to satisfy the needs and require-   can offer its clients the best service at the best price.
                   Newrest establishes healthy meal plans in all of      ments of our clients. Newrest has implemented           With this in mind, we have acquired specific IT tools
                                                                                                                                                                                             E M P L OY E E T R A I N I N G
                   its locations in partnership with its clients. On     a Quality Management System that includes very          to allow our employees to better manage their tasks         In a market in constant change, skills must be
                   group catering and Remote site premises, we have      strict processes covering all of the stages of the      on a daily basis: “Winflight” and “Winrest” software.       upgraded. Newrest is highly committed to the
22   N E W R E ST ' S CO M M I T M E N TS …                                                                                                                                                                                                     23

                                                                                                                                                                                                                                                Group Presentation 2016 ▶ 01 Group Presentation
     professionalism of its employees and takes every            transparent and based on honesty. This requirement        …TO I TS S O C I A L                                       products, waste treatment and reduction, and the
     measure required to offer appropriate training
     regardless of the employee's position. This training
                                                                 applies in particular to our suppliers: unfair competi-
                                                                 tion is not allowed.                                      ENVIRONMENT                                                “Zero Paper” policy are just a few examples of the
                                                                                                                                                                                      Group's objectives.
     relates to general subjects (languages, computers,
                                                                                                                           Newrest is committed to the social environment of
     team management, etc.); topics specific to cater-           F I G H T A G A I N S T CO R R U PT I O N                 every country in which it is present. In light of our
                                                                                                                                                                                      I S O 1 4 0 0 1 C E RT I F I C AT I O N
     ing trades (food safety, HACCP, kitchen production,
                                                                 The Group formally prohibits its employees from           respect for the principles of the Universal Declara-
                                                                                                                                                                                      POLICY
     food allergies, traceability, etc.); subjects specific to
                                                                 making gifts or offering cash to its clients' repre-      tion of Human Rights, we support NGO activities            In 2014, the Newrest Group launched an exten-
     aviation (aviation safety, safety procedures for air-
                                                                 sentatives or officials as incentives for the signing     in countries where we work or undertake our own            sive ISO 14001 certification campaign for its units.
     craft access, airplane landing for the inflight handling
                                                                 of contracts. Additionally, Newrest personnel refuse      actions.                                                   ISO 14001 certification covers environmental man-
     business, etc.), and topics specific to Remote sites
                                                                 any gift offered by suppliers or partners that are                                                                   agement. It is based on the principle of continuous
     (HUET and BOSIET for offshore oil sites, survival at
     sea, etc.). This training is provided either externally
                                                                 approved or seeking approval in order to close a deal     LOCAL PROCUREMENT                                          improvement in environmental performance by man-
     or internally by our HSE managers, site managers or
                                                                 or lower prices. The Group also prohibits all forms       & CO L L A B O R AT I O N                                  aging the impact of the company's business. In the
     chef trainers.
                                                                 of pressure or bribery towards sanitation inspection      W I T H CO O P E R AT I V E S                              framework of this certification, today, 6 countries
                                                                 personnel in order to have them ignore potential                                                                     have been certified ISO 14001:2004: Austria, Bolivia,
                                                                                                                           To support local products, Newrest has entered into
                                                                 breaches of hygiene standards. All of these rules                                                                    Greece, Cyprus, Switzerland and Tunisia.
     S P O RTS - B A S E D M O T I V AT I O N                    apply to every country, regardless of whether cor-
                                                                                                                           partnerships with farm cooperatives throughout the
                                                                                                                           world. These purchases may represent up to 12% of
     All sorts of different sports events were organised         ruption is common or not.
                                                                                                                           the amount of local purchases, as is the case, for
                                                                                                                                                                                      LOCAL PROCUREMENT
     throughout the Group in 2014/15. In fact, Newrest
                                                                                                                           example, in Morocco. Most of the products pur-
                                                                                                                                                                                      & O R G A N I C P R O D U CTS
     encourages its employees to participate in a sports         FA I R CO M P E T I T I O N                               chased from the cooperatives are fresh produce such        To minimise its environmental impact, a major pol-
     activity on a regular basis, as well as in sports
                                                                 Foul play is unacceptable in any invitation to ten-       as fruits and vegetables, dairy products and eggs.         icy of the Group targets the management of its pur-
     events. Sports, which are beneficial for both the
                                                                 der that Newrest Group responds to. Contracts                                                                        chases: by reducing transport and favouring produce
     body and mind, boost personal energy and favour
     a team spirit.
                                                                 can only be won during normal tender processes            I N V O LV E M E N T I N L O C A L                         farmed without pesticides, Newrest supports sus-
                                                                 involving various participants. Dumping practices         CO M M U N I T I E S                                       tainable, responsible agriculture.
                                                                 regarding labour and prices do not comply with mar-
                                                                                                                           Wherever the Newrest Group is present, it is involved
                                                                                                                                                                                      W A ST E R E C Y C L I N G
     …TO I TS PA RT N E R S                                      ket rules and are not tolerated. Prices are studied
                                                                 independently. No agreements are made with the
                                                                                                                           in the life of local communities and neighbouring
                                                                                                                                                                                      & R E D U CT I O N P O L I C Y
                                                                                                                           towns. We hire our personnel close to our work
                                                                 competition. Offers proposed for all contracts are
     Regardless of which country is involved, relations                                                                    sites, provide training and enter into partnerships to     A major endeavour to minimise our environmental
                                                                 evaluated jointly by country, zone and sales manag-
     with the Newrest Group's partners must be fully                                                                       improve daily life in these communities.                   footprint is the reduction and recycling of waste. On
                                                                 ers in the business corresponding to the invitation
                                                                                                                                                                                      all of our sites and in all of our production units, a
                                                                 to tender. The process of answering and awarding
                                                                 contracts is also closely monitored by the matrix
                                                                                                                           SOCIAL RESPONSIBILITY                                      waste-sorting process has been systematically created
                                                                                                                                                                                      to reuse a large part of our waste, such as cardboard,
                                                                 organisation.                                             In the countries in which it is present, the Newrest
                                                                                                                                                                                      glass, paper, electronic devices, green waste, etc.
                                                                                                                           Group participates in projects and social actions to
                                                                 FA I R S U P P L I E R S E L E CT I O N                   which it is committed.
                                                                                                                                                                                      L E S S U S E O F PA P E R
                                                                 Suppliers are selected by external audit. To be
                                                                 approved, suppliers must imperatively comply with
                                                                                                                           S O C I A L A CT I O N S I N FA V O U R                    Since the Group was founded, Newrest has com-
                                                                 certain rules. The only criteria on which we base our
                                                                                                                           OF CHILDREN                                                mitted to a paper reduction policy. We favour digital
                                                                                                                                                                                      communication while using - for paper copies that
                                                                 selection are quality of products, inventory manage-      In recent years, the Group has committed to the
                                                                                                                                                                                      we cannot avoid - eco-friendly materials. The basic
                                                                 ment, freshness, transport system and a continuous        reduction of its budget for press ads and paid adver-
                                                                                                                                                                                      rule in this case is black and white printing on both
                                                                 cold chain. Supplier audit procedures and question-       tising, and to transfer these savings to social actions,
                                                                                                                                                                                      sides of a sheet.
                                                                 naires have been established by Newrest and are           in particular involving children.
                                                                 used in all countries. During invitation to tender
                                                                 processes, each country must receive a price quote
                                                                                                                                                                                      E N E R G Y CO N S U M PT I O N
                                                                                                                                                                                      R E D U CT I O N
                                                                 from at least three different suppliers and the pro-      …TO T H E P L A N E T
                                                                 cess must be deployed at least once per year for                                                                     The Group's sustainable development plan sets out
                                                                 all the families of products purchased. Obviously,        An ecological balance is the one and only guarantee        strict rules in terms of the reduction of electricity
                                                                 contracts are always drafted locally to ensure there      of achieving harmony between the needs of man-             and fuel. In prior years, simple initiatives allowed us
                                                                 is a legal tie between Newrest's entities and the         kind and nature. Newrest, aware of the importance          to reduce our ecological footprint: systematic clos-
                                                                 suppliers.                                                of sustainable development, has adopted essential          ing of doors and turning off lights, computers, heat-
                                                                                                                           environmental values. The use of local seasonal            ing and air conditioning.
Newrest is today a global leader

 G R O U P A CT I V I T I E S
                                in multi-sector catering. The Group
                                is the only major catering company
                                active in all catering and related
                                hospitality segments including airline
                                catering, buy-on-board, rail catering,
                                concession retail, duty-free, contract
                                catering, Remote site and support
                                services. Newrest is committed
                                to constant improvement and innova-
                                tion for its clients, the well-being
                                and progress of its employees
                                and managers, a sustainable and
                                durable development of the company,
                                and total respect of social
                                and environmental values in all
                                of its activities.

02
Small dishes
proposed in our
airport lounge
in Johannesburg
– South Africa

◀
26                                                                                                                                                                                                                                            27

                                                                                                                                                                                                                                              Group Presentation 2016 ▶ 02 Group Ac tivities
                                                     INFLIGHT
Newrest high
loader on the
way to client’s
    airplane –
Athens airport
 (ATH), Greece

             ▶

                                        429.5 M€                                 593,000                        71
                                  Managed turnover 2014∙15                            Meals served         Production
                                      excluding SACC                                    per day               units

                                                                                                                              Inflight catering, duty-free                            catering service. Whether based on religious, cul-
                                                                                                                                                                                      tural, medical, or health reasons, our passengers’
                                              MEALS SERVED BY DIVISIONS                                                       on board, integrated manage-                            dietary requests are always fulfilled. Our nutrition-
                                                       (Served meals in inflight business)
                                                                                                                              ment of inflight and logistics.                         ists offer advice and support in orienting airlines’
                                                                                                                                                                                      requirements. Health and quality experts are always
                                                                                                                              By providing all of these services,                     available to ensure that quality, hygiene, and food
                                                                                                                              Newrest Inflight is taking                              safety standards are optimal. We rigorously imple-

                         55.4%                                                                       7.5%                     responsibility for everything                           ment HACCP standards and most of our units are
                                                                                                                                                                                      ISO 9001 certified. Our teams have ongoing training
                                                                                                     A M E R I CA
                           EURO PE
                                                                                                                              that is not a core part                                 to guarantee an excellent level of service on a con-
                                                                                                     3.3%                                                                             stant basis. Recording data related to the reception
                                                                                                     SOUT H E R N A FR I CA   of the airline business.                                and handling of ingredients for each service guar-
                          31.8%                                                                      2.0%                                                                             antees accessible and easily consulted traceability.
                         MIDDLE- EAST                                                                NORTH A FR I CA

                                                                                                                              I N F L I G H T C AT E R I N G
                                                                                                                              Newrest Inflight creates customized meals adapted
                                                                                                                                                                                      D U T Y- F R E E & B U Y- O N - B O A R D
                                                                                                                              to meet the high quality standards of airlines. Every   Newrest integrated the management of all inflight
                  Newrest inflight’s international network counts 71 production units and 21 logistic centres                 day, our production units develop thousands of          services to its subsidiary Airshop Solutions for
                               in 30 countries all around the world, mainly in Europe and America.                            recipes for the most prestigious airlines as well as    airlines offering paid services (snack and duty-
                                                                                                                              low-cost companies who choose a more simplified         free sales) on board their flights. With regard to
28                INFLIGHT                                                                                                                                                                                                                                                 29

                                                                                                                                                                                                                                                                               Group Presentation 2016 ▶ 02 Group Ac tivities
                                                                                                                                                       A I RPO RT LO UN GE S & V I P C AT E R I N G
               ▶
                                                                                                                                                             DE DI CAT E D UN I TS N E T WO RK
      Opposite:
         Trolley
preparation and
        loading                                                                                                                                                                                           1 CHI LE ‒        Santiago (SCL)
                                                                                                                                                                      4                                   2 CROATI A ‒         Dubrovnik (DBV)
         Below:                                                                                                                                                               13
   Departure of                                                                                                                                                                     2                     3 CY PRUS ‒            Larnaca (LCA)
                                                                                                                                                                 12
charged trolleys                                                                                                                                                                                          4 FRA N CE ‒ Le Bourget (LBG) /            Nice (NCE) /
    for delivery                                                                                                                                             9                          6   3               Charles de Gaulle (CDG)
Newrest Servair’s                                                                                                                                                                                    11   5 FREN CH W EST I N D I ES ‒
     production                                                                                                                                             7
                                                                                                                                                                                                             Pointe-à-Pitre (PTP) / Fort-de-France (FDF)
 unit – Santiago
  de Chile, Chile                                                                                                                                                                                         6 G REECE ‒       Athens (ATH) /
                                                                                                                                                                                                               Thessaloniki (SKG)
                                                                                                                                          5                                                               7 MOROCCO ‒ Casablanca (CMN) /
                                                                                                                                                                                                            Marrakesh (RAK) / Tangier (TNG)
                                                                                                                                                                          8                               8 N I G ERI A ‒     Lagos (LOS) /      Abuja (ABV)
                                                                                                                                                                                                          9 PORTU GA L ‒         Faro (FAO)
                                                                                                                                                                                                14        10 SOU TH A FRI CA ‒    Cape Town (CPT) /
                                                                                                                                                                                                               Johannesburg (JNB)
                                                                                                                                                                                                          1 1 SAU D I A RA B I A ‒ Dammam (DMM) /
                                                                                                                                                                                                              Jeddah (JED) / Medina (MED) /
                                                                                                                                                                                                              Riyadh (RUH)

                                         230                           15,570                                  44                     1       Airport lounges
                                                                                                                                                                               10                         1 2 SPA I N ‒ Ibiza (IBZ) /
                                                                                                                                                                                                              Malaga (AGP) /
                                                                                                                                                                                                                                      Madrid (MAD) /
                                                                                                                                                                                                                              Palma de Mallorca (PMI)
                                          Clients                Flights delivered per week               Airport Lounges                     VIP catering dedicated units                                13 SWI TZ ERLA N D ‒          Geneva (GVA)
                                                                                                                                                                                                          14 ZA MB I A ‒       Lusaka (LUN)

                                                                                                                                                                                                                                                                    Left: Swiss Air
                                                                                                                                                                                                                                                                    airport lounge
                                                                                                                                                                                                                                                                    at Geneva
                                                                                                                                                                                                                                                                    airport (GVA) –
                    marketing, our teams regularly renew the ranges of      and service companies on behalf of our clients. They                                                                                                                                    Switzerland
                    products for sale, organize promotions for passen-      work in operations, logistics & equipment, hygiene                                                                                                                                      ◀
                    gers and incentives for the crew, and develop attrac-   & quality, finance & reporting, and purchase & mar-
                    tive communication tools (on-board brochures, vid-      keting. Airlines who hire Airshop Solutions are freed
                    eos, and announcements). Regarding logistics, they      from all responsibilities that are not directly related
                    manage the entire process, which they adapt to the      to air transport.
                    specific requirements of each company.

                                                                            V I P C AT E R I N G
                    I N T E G R AT E D M A N A G E M E N T                  Newrest Inflight has developed specific expertise in
                    SERVICES                                                business-class and VIP flights. Our teams can meet
                    Airshop Solutions, a Newrest subsidiary, coordinates    the requests of important clients on a case by case
                    all catering, logistics and supply-chain services for   basis. They listen to clients in order to develop ideal
                    on-board products, manages clients’ worldwide           menus, select exceptional wines, and implement all                                                     SOME REFERENCES
                    catering network and negotiates with all catering       services that help make the flight an unforgettable
                                                                            experience. They also rely on a network of well-
                                                                            known suppliers who contribute to the service’s
                                                                            excellence and refinement.

                                                                            AIRPORT LOUNGES
                                                                            Newrest Inflight manages welcome lounges for air-
                                                                            lines and airports. As part of this service, we manage
                                                                            all aspects of the lounge: layout and design of the
                                                                            room, supplying equipment, welcoming travelers,
                                                                            and purchasing food and beverages.
30                                                                                                                                                                                                                                  31

                                                                                                                                                                                                                                   Group Presentation 2016 ▶ 02 Group Ac tivities
                                                            RAIL
    Newrest Wag-
ons-Lits’ on board
 sales represent-
 atives – Vienna’s
   central station,
            Austria

                 ▶

                               236.9 M€                                          56,000                    17
                                     Turnover                                       Meals served         Logistic
                                      2014∙15                                         per day            centers

                                             TUR N OVER BY COUNTRY                                                  Creator of services for railway                       seat. In standard class, the trolley serves drinks and
                                                                                                                                                                          snacks. We provide services that meet passenger
                                                (Total consolidated 2014/ 15 rail turnover)                         operators, Newrest Wagons-Lits                        expectations during their entire trip.
                                                                                                                    offers a wide range of catering
                                                                                                                    and hotel services. It also                           H OT E L S E R V I C E S
                                                                                                   7.6%             provides numerous services
                                                                                                   AUST R I A
                                                                                                                                                                          We have a versatile crew, attentive to the comfort
                      91.4%                                                                        0.8%             to ensure that travel is easy                         and safety of our passengers. They ensure the main-
                                                                                                   PORT UG A L                                                            tenance and cleanliness of trains and provide peace
                        F RAN CE
                                                                                                                    and enjoyable for passengers.                         of mind for passengers. We are the only operator
                                                                                                   0.2%                                                                   offering a global service concept combining railway
                                                                                                   CA NA DA
                                                                                                                                                                          safety and on-board services.
                                                                                                                    O N - B O A R D C AT E R I N G
                                                                                                                    Newrest Wagons-Lits offers a full range of on-board
                                                                                                                    services: bar, dining car, and catering. Passengers
                                                                                                                                                                          S E R V I C E S F O R PA S S E N G E R S
                                   Newrest Wagons-Lits’ 2,900 employees offer services
                                     to 9 railway companies in 4 different countries.                               can relax and have a bite to eat at bars and dining   The full range of services offered by Newrest Wag-
                                                                                                                    cars. In first class, meal trays are served at the    ons-Lits corresponds to each part of the journey:
32                 RAIL                                                                                                                                                                                                                                              33

                                                                                                                                                                                                                                                                        Group Presentation 2016 ▶ 02 Group Ac tivities
                ▶
                                                                                                                                                                         ACT I V I TY DI ST RI BUT I O N
                                                                                                                                                                            (Total number of served meals in 2014/ 15)
        Opposite:
         Newrest
     Wagons-Lits'
sales represent-
   ative serving
a client in TGV’s
     first class –
           France

                                                                                                                                                                                                                                                29.9%
          Below:
  Bar service on
  Alfa Pendular                                                                                                                                                                                                                                 AT-S E AT-S E RV IC E
trains – Newrest
 Wagons-Lits for                                                                                                                                  66.9%
   Comboios de                                                                                                                                    B AR S E RVI C E
        Portugal
                                                                                                                                                                                                                                                3.2%
                                                                                                                                                                                                                                                N IGH T T RA IN S

                                        280,000                              32,700                        2,900                          Newrest Wagons-Lits applies its know-how on board of more than 5,400 trains per week
                                          Trains delivered              Night train voyagers                Employees                               and helps its clients with logistic activities on 8,500 trains a year.
                                              per year                        per day                    around the world

                                                                                                                                                                                OUR REFERENCES
                     welcome, assistance, information, ticket sales and       service concepts, design, a selection of product
                     checks, access control, baggage assistance, and          ranges that correspond to passengers’ expectations,
                     hotel and taxi reservations. We also escort passen-      and optimal organization of on-board services and
                     gers with specific needs: children, seniors, and per-    logistical operations.
                     sons with reduced mobility.

                     L O G I ST I C S A CT I V I T I E S
                     & CO M P L E M E N TA R Y S E R V I C E S
                     Responsible for supplying the trains, we prepare,
                     manage, and stock all products necessary for
                     on-board services to run smoothly and for passen-
                     gers to be comfortable. Thus, Newrest Wagons-Lits
                     offers rail operators a complete and coherent ser-
                     vice chain: stock purchase and management; syn-
                     chronized loading and unloading of products, con-
                     tainers and materials; and diagnostic and control
                     services before departure.

                     CO N S U LT I N G
                     & T E C H N I C A L A S S I STA N C E
                     F O R R A I L O P E R AT O R S
                                                                                                                                    ▲                                                               ▲
                     Newrest Wagons-Lits also offers support services
                     for railway operators, consulting and technical                                                                Trolley loading for “Gare de Lyon”                              On board complementary service on Alfa
                                                                                                                                    and “Gare Montparnasse”                                         Pendular trains – Newrest Wagons-Lits for
                     assistance: defining innovative sales and on-board                                                             train stations – Paris, France                                  Comboios de Portugal
34                                                                                                                                                                                                                                                  35

                                                                                                                                                                                                                                                      Group Presentation 2016 ▶ 02 Group Ac tivities
                                                  R E M OT E S I T E
  Lunch service
   at Mejillones’
petrol extraction
    camp – Chile

               ▶

                                     147.4 M€                                             39,000                               185
                                  Managed turnover 2014∙15                                   POB served                      Operation
                                      excluding SACC                                          per day                          sites

                                                                                                                                         Over the past few years, Newrest                     Remote site provides turnkey remote camps in
                                                                                                                                                                                              deserts, jungles, or high altitude areas. We assem-
                                                      TURNOVER DIVISIONS                                                                 Remote site has demonstrated                         ble and develop the design for prefabricated camps
                                              (Total 2014/ 15 Remote site turnover ∙ excluding Saudia Catering)
                                                                                                                                         its ability to respond to the                        as well as install and manage telecommunications
                                                                                                                                                                                              equipment and all camp utilities (water, electricity,
                                                                                                                                         incredibly varied needs of their                     waste water, garbage, etc.). We support the economy
                                                                                                                                         clients in the oil and mining                        by hiring local entrepreneurs to provide some if not
                            38.0%                                                                                 16.1%                  industries. Thus, we became                          all works or services during the construction phase.
                       S OUTHERN AF RICA
                                                                                                                  NORT H A FR I CA       one of the references in the field
                                                                                                                                         of Remote site management.                           R E M OT E S I T E M A N A G E M E N T :
                            35.5%                                                                                                                                                             H OT E L S E R V I C E S , C AT E R I N G
                             AMERICA                                                                              10.4%                  We work primarily in challenging                     AND LEISURE
                                                                                                                  M I DDLE -E A ST,
                                                                                                                  A SI A & OCE A NI A
                                                                                                                                         and isolated work environments.                      We manage all aspects of the remote site once con-
                                                                                                                                                                                              struction is complete and it becomes operational.
                                                                                                                                                                                              Newrest Remote site also manages remote sites
                         Newrest Remote site operates on 185 sites located in 24 countries, primarily                                                                                         that were built by our clients. This is the case with
                    in challenging and isolated work environments: offshore platforms, camps in the desert,                              R E M OT E S I T E CO N ST R U CT I O N              offshore oil rigs.
                                         jungle operations, high altitude mining sites…
                                                                                                                                         Working in areas that are isolated or difficult to   This management includes catering from central
                                                                                                                                         access is a major logistical challenge. Newrest      and satellite canteens. The experience acquired in
36                R E M OT E S I T E                                                                                                                                                                                                     37

                                                                                                                                                                                                                                          Group Presentation 2016 ▶ 02 Group Ac tivities
             ▶
                                                                                                                                       TY PO LO GY O F CL I E N TS
     Opposite:                                                                                                                  (Total 2014/ 15 Remote site turnover ∙ excluding Saudia Catering)
         Camp
   employees
taking a break

        Below:
      Logistic
     activities

    QDVC Um
   Al Hawaya
                                                                                                                                                                                                    35.0%
                                                                                                                                                                                                    M IN IN G COM PA N IE S
       labour
 community ‒
        Qatar
                                                                                                            48.0%
                                                                                                   O I L & G AS CO MPANI E S

                                                                                                                                                                                                    17.0%
                                                                                                                                                                                                    OT H E R C L IE N TS

                                          6,100                              155        24
                                           Employees                         Clients   Countries
                                                                                                            Newrest Remote site counts on the expertise of its 6,100 specialised employees,
                                                                                                                    which are specially trained to operate in extreme environments

                  this field by the Newrest Group allows us to develop
                  meals that respect nutrition standards as well as our
                  clients’ eating habits. We also maintain accommo-                                                                           SOME REFERENCES
                  dations for the entire workforce and provide laundry
                  services. Team managers have hotel training, they
                  ensure that cleaning and laundry procedures meet
                  the strictest standards in the sector. Our services
                  includes utility management and site safety, as well
                  as creating and running leisure spaces: sports rooms
                  and fields, movie theaters, libraries, bars, etc. Spe-
                  cific staff members are dedicated to each activity
                  sector.

                  A S S O C I AT E D S E R V I C E S                                                                                                                                                                          ◀

                                                                                                                                                                                                                              Opposite:
                  In the countries where remote sites are located, we                                                                                                                                                         Kitchen
                  also manage guest houses, villas, offices, and other                                                                                                                                                        Left:
                  infrastructure belonging to our clients in large cities.                                                                                                                                                    Laundry Services

                                                                                                                                                                                                                              QDVC Um Al
                  In the areas surrounding our operations, Newrest                                                                                                                                                            Hawaya labour
                                                                                                                                                                                                                              community
                  Remote site asks its teams to devote some time to                                                                                                                                                           ‒ Qatar
                  training the local population in fields related to its
                  activities: cooking classes, hygiene training, school
                  meals, etc.
38                                                                                                                                                                                                                                                      39

                                                                                                                                                                                                                                                        Group Presentation 2016 ▶ 02 Group Ac tivities
                                                    C AT E R I N G
 Self service
in corporate
   canteen –
        Chile

           ▶

                                   127.5 M€                                       186,000                              455
                            Managed turnover 2014∙15                                  Meals served                     Clients &
                                excluding SACC                                          per day                      Institutions

                                                                                                                                      Every day around the world,                              H E A LT H
                                         MEALS SERVED BY DIVISIONS                                                                    our clients benefit from Newrest                         Newrest Catering manages meals for patients and
                                                                                                                                                                                               staff in hospital centers and clinics, as well as
                                       (Total number of served catering meals ∙ excluding Saudia Catering)
                                                                                                                                      Catering’s expertise and trust                           snacks, bars, and cafeterias for visitors (hospitality
                                                                                                                                      them to manage their restau-                             services). We believe that good meals improve health
                                                                                                             24.0%                                                                             and help sick patients recover. That is why our teams
                                                                                                             A M E R I CA
                                                                                                                                      rants or canteens.                                       are attentive to the needs of each patient and scru-
                                                                                                             8.9%                                                                              pulously comply with dietary requirements.
                    56.9%                                                                                    E UR OPE

                  NO RTH AF RICA
                                                                                                             8.9%                     CO M PA N I E S
                                                                                                             M I DDLE -E A ST,        & A D M I N I ST R AT I O N S                            E D U C AT I O N
                                                                                                             A SI A & OCE A NI A
                                                                                                                                      A number of public and private companies, adminis-       Newrest Catering manages a number of refectories,
                                                                                                             1.3%                     trations and embassies have trusted Newrest Cater-       canteens, restaurants, and hospitality services for
                                                                                                             SOUT H E R N A FR I CA   ing to manage their restaurant, cafeteria, or recep-     teaching establishments including public and pri-
                                                                                                                                      tion lounge. We are convinced that employees who         vate elementary schools, secondary schools and
                                                                                                                                      consume their daily meal in a pleasant environment,      universities. We know that children, adolescents and
                            Offering its know-how in 26 countries all around the world,
                                                                                                                                      while being able to choose from a selection of fresh,    university students with a healthy, balanced, varied
                Newrest Catering is the reference of industrial catering in North Africa: more than
                                                                                                                                      appetizing, and carefully presented products will be     diet have a greater chance of intellectual success.
                       a half of total served meals are produced in the North Africa division.
                                                                                                                                      more efficient. Intellectual capacity and productivity   We are fully aware of our responsibility to introduce
                                                                                                                                      are conditionedby the quality of the meal break.         children and youth to a variety of flavors.
40                C AT E R I N G                                                                                                                                                                                                          41

                                                                                                                                                                                                                                        Group Presentation 2016 ▶ 02 Group Ac tivities
             ▶
                                                                                                                                     TY PO LO GY O F CL I E N TS
    Opposite:                                                                                                                 (Total number of catering customers ∙ excluding Saudia Catering)
     Newrest
 employee in
 a university
 restaurant –
        Chile

        Below:
          Meal
  preparation
in a hospital –
         Oman                                                                                                                                                                                    26.5%
                                                                                                                                                                                                 S C H OOLS
                                                                                                                                                                                                 & U N IV E RS IT IE S
                                                                                                           65.1%
                                                                                                           CO MPANI E S
                                                                                                                                                                                                 4.8%
                                                                                                                                                                                                 HOS P ITA LS & C L IN ICS

                                                                                                                                                                                                 3.6%
                                                                                                                                                                                                 AD M IN IST RAT ION S

                                     6,700                           97,500                    26
                                       Employees               Meals served in North Africa   Countries
                                                                                                          Newrest Catering’s 6,700 employees, specially dedicated to industrial catering,
                                                                                                                   elaborate and serve more than 186'000 meals every day.

                  FA C I L I T Y M A N A G E M E N T
                  In companies and hospitals, we offer our clients a
                                                                                                                                            SOME REFERENCES
                  mobile food and beverage service. We can also pro-
                  vide this type of service with a store in the estab-
                  lishment. In every country, our production units
                  are ready to provide catered food tailored to your
                  needs: meal trays, sandwiches, and any other meal
                  requested.

                  A S I N G L E S TA N D A R D
                  In all the establishments we manage, we are guided
                  by an identical passion for excellence in all fields                                                                                                                                                       Student going
                                                                                                                                                                                                                             through
                  related to our management. Newrest Catering                                                                                                                                                                the checkout
                  believes in the vital importance of nutrition and                                                                                                                                                          in a high school
                                                                                                                                                                                                                             canteen ‒ Chile
                  healthy eating. To this end, we hire qualified staff
                                                                                                                                                                                                                             ◀
                  to collaborate with our clients and develop diverse
                  menus. With regard to food safety, continuous ver-
                  ification of the food manufacturing process is guar-
                  anteed by our scrupulous compliance with specifica-
                  tions. When we design our restaurants and canteens,
                  our first priority is to make them as pleasant as pos-
                  sible. We believe that this aspect of our management
                  expresses our ongoing passion for excellence with
                  regard to the standard of living.
42                                                                                                                                                                                                                                                   43

                                                                                                                                                                                                                                                        Group Presentation 2016 ▶ 02 Group Ac tivities
                                                             R E TA I L
     Retail point
       of sale illy
Espressamente –
      Casablanca
   airport (CMN),
         Morocco

                 ▶

                                        31.4 M€                                         36,000                           94
                                  Managed turnover 2014∙15                                Clients served                Points
                                      excluding SACC                                          per day                   of sale

                                                                                                                                      In airports, at highway service                         Break, Caffé Lindo, Sky Shop, The Lunch and Mal-
                                              MEALS SERVED BY DIVISIONS                                                               stations, on board ships and                            inche. The marketing policy for these brands targets
                                               (Total number of served clients ∙ excluding Saudia Catering)                                                                                   harmonisation of points of sale. In each country,
                                                                                                                                      at bus terminals, Newrest                               Newrest Retail adapts part of the offering to pre-
                                                                                                                                                                                              cisely match specific regional consumer practices.
                                                                                                                                      Retail creates and manages
                                                                                                              8.2%                    retail outlets dedicated to food
                                                                                                              A M E R I CA

                                                                                                                                      services, as well as shops.                             I N T E R N AT I O N A L & L O C A L
                           81.1%                                                                              6.0%                                                                            FRANCHISES
                                                                                                              E UR OPE
                        NORTH AF RICA
                                                                                                                                      To manage these outlets, Newrest Retail structured      For its franchise brand development, Newrest Retail
                                                                                                              3.6%                    three chains to best satisfy market demand: brands      has relied on the services of international groups
                                                                                                              SOUTH E R N A FR I CA
                                                                                                                                      specific to Newrest Retail, international franchises    such as Paul, Illy Café, Pomme de Pain, etc.
                                                                                                              1.1   %                 and local franchises.
                                                                                                                                                                                              In certain countries, local, customised franchise
                                                                                                              M I DDLE -E A ST,
                                                                                                              A SI A & OCE A NI A                                                             concepts allow Newrest Retail to support site man-
                                                                                                                                                                                              agers by providing region-specific offerings. The
                            Newrest Retail has own-brands and international and local franchises.
                                                                                                                                      P R O P R I E TA R Y B R A N D S                        inclusion of local franchise brands is one of the tools
                      Our retail restaurants, bars and shops are located in 14 countries all around the globe.                        To meet consumer expectations, Newrest Retail has       used, for example Medina and Monsieur Brochette
                                  Almost ¾ of retail clients are served in the North Africa Division.                                 designed a portfolio of internal brands such as Daily   in Morocco.
44               R E TA I L                                                                                                                                                                                                                                     45

                                                                                                                                                                                                                                                                  Group Presentation 2016 ▶ 02 Group Ac tivities
            ▶
                                                                                                                                                                TY PO LO GY O F LO CAT I O N S
    Opposite:                                                                                                                                                  (Total number of points of sale ∙ excluding Saudia Catering)
  Retail point
of sale Paul –
   Casablanca
airport (CMN),
      Morocco

       Below:
 Retail point
of sale Caffé
      Lindo –
   Dubrovnik
airport (DBV),
      Croatia
                                                                                                                                        86.2%                                                                                 11.7%
                                                                                                                                                                                                                              M OTORW AYS
                                                                                                                                         AI R P O RTS

                                                                                                                                                                                                                              2.1%
                                                                                                                                                                                                                              OT H E R LOC AT ION S

                                         30                            19,500                                  14
                                         Brands                   Coffees served per day                  Countries
                                                                                                                                 Newrest Retail counts 94 points of sale specially developed for the different needs of our clients:
                                                                                                                                    81 points of sale are located in airports and 13 along motorways and other locations

                 A -Z M A N A G E M E N T                                   C R E AT I V E E X P E R T I S E
                 Before opening a franchise, Newrest Retail manages         The expertise acquired by Newrest Retail allows it
                 the entire creation process. We rigorously analyse         to continue to create other customised retail con-                                             SOME REFERENCES
                 the constraints and advantages of the future outlet        cepts for new markets and to negotiate partner-
                 in accordance with its location, visitor traffic, and      ship contracts with prestigious local partners and
                 the number and profile of potential customers. We          international brands based on the development of
                 define the interior design, the furniture, decor, uni-     franchises.
                 forms and communication visuals, and monitor the
                 construction of the premises. We select the range of
                 products that will best suit our clientele of interna-
                 tional or national travellers, while taking into account
                 local traditions in terms of taste preferences and the
                 mandatory requirements of franchise brands.
                                                                                                                                                                                                                                                      ◀
                 Once the outlets have opened, we take over full man-
                 agement of the premises, which includes purchasing                                                                                                                                                                                   Opposite:
                                                                                                                                                                                                                                                      Retail point
                 and selling the products at the best quality/price                                                                                                                                                                                   of sale Calao
                                                                                                                                                                                                                                                      – Libreville
                 ratio. This service also includes occasional events                                                                                                                                                                                  airport (LBV),
                 and promotions to boost traffic, avoid monotony,                                                                                                                                                                                     Gabon

                 favour impulse buying and thereby offer a dynamic                                                                                                                                                                                    Left:
                                                                                                                                                                                                                                                      Food offer
                 image of our points of sale. This management also                                                                                                                                                                                    illy Espressa-
                                                                                                                                                                                                                                                      mente
                 obviously includes maintenance and cleaning. The                                                                                                                                                                                     – Morocco
                 site director, technical management team and all of
                 the employees are Newrest personnel. To ensure the
                 quality of our service is always optimal, we provide
                 continuous training to our teams.
Airplane loading
                     ‒ Rolland Garros
                     airport (RUN),
                     Réunion Island

                     ◀

VISIT OUR WEBSITE
    www.newrest.eu
EXECUTIVE MANAGEMENT OFFICE
         61, boulevard Lazare Carnot
           31000 Toulouse, France
Phone: +33 (0)5 62 89 39 88 ∙ Fax: +33 (0)5 62 89 39 70

                CO M M U N I C AT I O N
Dominique PIL ATTE ∙ Communication Director
  61, boulevard Lazare Carnot ‒ 31000 Toulouse, France
Phone: +33 (0)5 62 89 39 79 ∙ Fax: +33 (0)5 62 89 39 70

            I N V E STO RS R E L AT I O N S
Matthieu JEANDEL ∙ Vice President Finances
  61, boulevard Lazare Carnot ‒ 31000 Toulouse, France
Phone: +33 (0)5 62 89 39 87 ∙ Fax: +33 (0)5 62 89 39 70

                www.newrest.eu
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