Empresas y finanzas

Sodexho Announces New Acceleration in Organic Revenue Growth for Fiscal 2007 across All Segments: + 8.4%



    Regulatory News:

    SODEXHO ALLIANCE (PARIS:SW) (OTCBB:SDXAY), the global leader in
    most of its activities, today announced consolidated revenue for
    Fiscal 2007, which ended August 31, 2007.

    Revenue by activity

    -0-
    *T
    In millions Fiscal Fiscal Organic Currency Acquisitions Total
    of euro 2006 2007 growth(1) impact(2) change
    ------------- ------ ------ ---------- ---------- ------------ -------
    Food and
    Facilities
    Management
    Services:

    -- North
    America 5,479 5,492 + 8.8% - 7.8% - 0.8% + 0.2%
    --
    Continental
    Europe 4,148 4,388 + 5.1% + 0.1% + 0.5% + 5.8%
    -- United
    Kingdom and
    Ireland 1,370 1,475 + 6.1% + 1.6% - + 7.7%
    -- Rest of
    the World 1,434 1,591 + 15.3% - 4.6% + 0.2% + 10.9%
    TOTAL 12,431 12,946 + 8.1% - 3.8% - 0.16% + 4.1%
    ------------- ------ ------ ---------- ---------- ------------ -------
    Service
    Vouchers and
    Cards 373 447 + 20.1% - 2.5% + 2.1% + 19.7%
    ------------- ------ ------ ---------- ---------- ------------ -------
    Elimination
    of
    intragroup
    revenue (6) (8)
    ------------- ------ ------ ---------- ---------- ------------ -------
    TOTAL 12,798 13,385 + 8.4% - 3.7% - 0.1% + 4.6%
    ------------- ------ ------ ---------- ---------- ------------ -------
    *T

    1) Organic growth: increase in revenue at constant consolidation
    scope and exchange rates.

    2) The currency impact is a negative 3.7%. However, Sodexho
    subsidiaries' income and expenses are expressed in the same currency;
    hence, contrary to exporting companies, currency variations carry no
    operating risk.

    Commenting on Sodexho's Fiscal 2007 revenue, Sodexho CEO Michel
    Landel said:

    "For the second consecutive year, organic growth improved two
    percentage points over the prior year. This excellent performance
    demonstrates acceleration in all our client segments. Client retention
    was close to 94%; comparable unit growth - or revenue growth on
    existing sites - was around 5%; and the business development rate,
    representing new contract awards, remained high at approximately 9%.

    As a result, operating profit progression for Fiscal 2007
    (excluding currency impact) should be in the range of 12-15%. Our
    productivity actions to more effectively manage food and labor costs
    have enabled us to curb current inflationary pressures. At the same
    time, we have intensified our investments in human resources,
    information technology and communications.

    I remain fully confident that Sodexho will achieve its Ambition
    2015 of 7% average annual compound revenue growth."

    Organic revenue growth analysis

    (See table in Annex 2 and a selection of new clients in Annex 3)

    Food and Facilities Management Services

    -- North America: + 8.8%, with robust performance in all client
    segments

    -- Continental Europe: + 5.1%, led by continuing strength in
    Healthcare and Seniors

    -- United Kingdom and Ireland: + 6.1%, confirming a return to
    revenue growth

    -- Rest of the World: + 15.3%, representing double-digit growth
    in Latin America, Asia, Australia and Remote Sites.

    In North America, the comparison between Fiscal 2007 revenue and
    the prior year reflects the effect of a 53rd week of activity in
    Fiscal 2007 as Sodexho operates on a 52/53 week calendar as is
    consistent with industry practice in North America. The impact of the
    53rd week on North America Fiscal 2007 revenue is estimated at around
    1.2%. However, with the beginning of the university academic year at
    the end of the fiscal year, the impact on operating profit of this
    additional week is not significant.

    The Business & Industry segment (+ 8.9%) benefited from numerous
    favorable factors:

    -- stronger client retention

    -- improved business development in both Foodservices and
    Facilities Management. Several new contracts were awarded late
    in the fiscal year, including Genzyme in Massachusetts, the
    California State Auto Association in Glendale, California, and
    Franklin Templeton Investment Services in Florida

    -- the start-up in the last months of the fiscal year of a large
    mining sector contract in Canada with Nova Gold

    Organic growth of + 10.1% in the Healthcare and Seniors segments
    was driven by:

    -- excellent client retention, and

    -- revenue growth on existing sites, a result of extensive
    offerings well-adapted to the expectations of clients,
    patients and visitors as well as the full ramp-up of contracts
    won in previous years (such as Memorial Hermann Healthcare
    System and New York City Health & Hospital Corporation).

    Recent new contracts include York Central Hospital in Ontario,
    Canada, St. Anthony Hospital in Oklahoma and Penn Presbyterian Medical
    Center in Pennsylvania.

    With a + 7.6% increase in revenue, Education continued to benefit
    from increased student enrollment in universities, strong client
    retention and the demand for Facilities Management services.

    Several major contracts were recently signed, notably with the
    University of Illinois in Chicago, the University of Tennessee, New
    Jersey's Drew University and California's San Jose School District.

    In North America, Sodexho received several awards:

    -- Named one of the "15 Best Companies for Workforce Diversity"
    by Black Enterprise(R) magazine, one of the nation's leading
    business publications.

    -- Selected as Community Partner of the Month in August by FEED
    NOVA SCOTIA in Canada for STOP Hunger's impact on the lives of
    children.

    -- Honored by the U.S. Defense Department with the Pro Patria
    Award for its personnel policies making it easier for
    employees to serve as National Guard members and reservists.

    -- Won three Best Concept awards from Food Management Magazine
    for exceptional achievement and innovative thinking for its
    STOP Hunger/Feeding our Future program, its Circle of Customer
    Excellence training program and its Sweet Shots menu concept.

    In Continental Europe, Business & Industry reported + 4.3% growth
    from:

    -- continued strong growth in Spain and Central Europe and in the
    Defense segment in Sweden for both Food and Facilities
    Management services

    -- more modest performance in countries such as Italy and the
    Netherlands, linked to the economic environment and the
    rigorous application of a profitable growth approach to sales

    -- the ramping up of two significant contracts won by the Group,
    one for Facilities Management services for KLM at Schiphol
    airport in the Netherlands and the other for Foodservices at
    the Eiffel Tower in Paris. Important new contracts were won
    with Pan Auto in Russia, the Eksjo Garrison in Sweden and
    Galeries Lafayette and BHV in France.

    Growth of + 6.6% in the Healthcare and Seniors segments reflects:

    -- the breadth of the services offering

    -- strong business development during the previous year

    Recent new contracts awarded include the "12th of October"
    Hospital in Madrid, Spain, and Maison des Services Canceropole in
    Toulouse, France.

    Growth in Education of + 6.0% reflects improvements in client
    retention. However Sodexho remains selective in development in the
    public sector. New clients include the Technical University of Delft
    and Avans Hogeschool in the Netherlands.

    Sodexho teams in Continental Europe saw their efforts rewarded
    during the year:

    -- In Spain, ISO 9001:2000 certification was renewed at all 318
    sites where Sodexho provides Foodservices.

    -- In Poland, Sodexho was awarded the "White Lily" certificate
    for food preparation meeting the highest hygienic and food
    safety standards.

    In the United Kingdom and Ireland, revenue rose by + 6.1%,
    providing further confirmation of the return to growth in Healthcare
    and Seniors and in Defense.

    The + 6.8% growth in Business & Industry was led by:

    -- relatively stable demand at corporate clients

    -- the full-year impact of contracts awarded in the prior year in
    Defense such as Catterick Garrison and the Royal Navy Base
    Support Contract

    -- robust activity levels in leisure and events during the summer
    months, for example at the Ascot Racecourse and the World
    Scout Jamboree at Chelmsford.

    Contracts recently awarded include, Thales Sapphire in Crawley,
    Astrium Cleaning in Stevenage and Portsmouth and eBay and Paypal
    Europe Services in Dublin. In Education, new contracts were won with
    Joseph Swan School in Gateshead and Taverham School in Norwich.

    Healthcare and Seniors registered organic growth of + 7.9%, driven
    by:

    -- improved client retention

    -- the full ramp-up of contracts opened in 2006, notably, recent
    PFI contracts which attained their normal activity levels

    -- accelerated new business development with the signing of
    important contracts for Facilities Management with the North
    Staffordshire hospitals and for Foodservices with Nuffield
    hospitals

    In the UK and Ireland, for the second year in a row, Sodexho teams
    were attributed with the BUPA Healthy Communities Big Tick award from
    Scottish Business in the Community for efforts to help students at
    inner city schools.

    In the Rest of the World, organic growth in Food and Facilities
    Management services remained particularly robust at + 15.3%, despite
    the completion in Remote Sites of certain infrastructure projects
    towards the end of the fiscal year..

    Continued high raw material prices contributed to revenue growth
    in the Middle East, Africa and Australia, and in the mining sector in
    Latin America.

    Sodexho recently won a number of new contracts, such as Glencore
    Prodeco and Hospital Universitario San Ignacio in Colombia, Sundown
    and Fafen-Petrobras in Brazil, Dubai World in the United Arab Emirates
    and Dodsal in Oman.

    In China and India, expansion continued at a rapid pace both in
    Foodservices and Facilities Management. Among recent contract signings
    in China were Dow Chemical R&D Center, Wuxi Hitech Incubator and
    Development Co. and Accenture. In India, new contracts included FLAME,
    the American School of Bombay, Cisco Systems, Jindal Steel and DLF
    Builders.

    Sodexho also received awards in several regions including in New
    Caledonia at the Goro Nickel Project where Sodexho was recognized for
    its contribution to the significant milestone reached of 1,000,000
    hours worked with no lost time injuries.

    Service Vouchers and Cards

    Organic growth: + 20.1%

    Issue volume totaled 7.3 billion euro (up + 18.5% at constant
    consolidation scope and exchange rates) fueled mainly by Latin
    America, especially Venezuela.

    Organic growth of 20.1% reflected:

    -- Increases in voucher face value and in the number of potential
    beneficiaries in countries such as Venezuela, Belgium and
    France

    -- Success and continued innovation by the sales teams, who drove
    strong development, notably in Spain, a number of Latin
    American countries and Central Europe

    Principal contracts won at the end of the year included the
    Customs headquarters in Hungary (Food Pass), Coca-Cola in Poland (Gift
    Pass), Termoelectrica (Food Pass) and the University Hospital of
    Bucharest (Food Pass) in Romania.

    Acquisitions and reinforcement of Sodexho's worldwide position

    On October 2, 2007, Sodexho completed the acquisition of 100% of
    Tir Groupe's gift voucher business for a total of 143 million euro.
    With issue volume of around 300 million euro, Tir Groupe is a leading
    issuer of gift vouchers in France to both companies and local
    authorities.

    With the acquisitions announced and in progress since September
    2006 (Tir Groupe in France, Vivaboxes in Belgium and VR in Brazil),
    Sodexho continues to reinforce its worldwide position in Service
    Vouchers and Cards.

    -- Conference call

    SODEXHO ALLIANCE will hold a conference call today to discuss
    Fiscal 2007 revenue. The call will begin at 8:30 am (Paris time). The
    call-in access number is +33 (0)1 72 28 25 82. The press release and
    the slideshow will be available on the internet by clicking on the
    link www.sodexho.com, under the "Latest News" section, beginning at
    7:00 am. To access the rebroadcast of the conference call, please dial
    +33 (0)1 72 28 01 49, code: 205401 #.

    -- Financial communications calendar

    -- Fiscal 2007 results

    Thursday, November 15, 2007 at 9:00 a.m.: presentation for
    analysts and journalists.

    -- First Quarter 2008 revenue

    Wednesday, January 9, 2008. The announcement will be followed by a
    conference call.

    The above dates are provided for information only and are subject
    to change.

    -- About Sodexho Alliance

    SODEXHO ALLIANCE, founded in 1966 by Pierre Bellon, is the global
    leader in most of its activities, employing more than 332,000
    employees on 28,300 sites in 80 countries as of August 31, 2006.
    Listed on Euronext Paris, the Group's current market capitalization is
    7.9 billion euro.

    This press release contains statements that may be considered as
    forward-looking statements and as such may not relate strictly to
    historical or current facts. These statements represent management's
    views as of the date they are made and we assume no obligation to
    update them. You are cautioned not to place undue reliance on our
    forward looking statements.

    Annex 1: Comparison of Consolidated Revenue

    -0-
    *T
    FY 2006 FY 2007
    FIRST QUARTER (Sept. to Nov.)
    . Food and Facilities
    Management
    - North America 1,527,658 1,541,151
    - Continental
    Europe 1,076,643 1,151,281
    - United Kingdom
    and Ireland 332,971 365,713
    - Rest of World 340,191 396,810
    . Service Vouchers and Cards 82,525 98,321
    . Elimination of intragroup
    Revenue -1,758 -1,765
    ---------- ----------
    3,358,230 3,551,511
    ---------- ----------
    SECOND QUARTER (Dec. to Feb.)
    . Food and Facilities
    Management
    - North America 1,390,868 1,348,714
    - Continental
    Europe 1,034,727 1,084,770
    - United Kingdom
    and Ireland 330,433 354,209
    - Rest of World 337,770 369,136
    . Service Vouchers and Cards 95,812 112,899
    . Elimination of intragroup
    Revenue -1,524 -2,106
    ---------- ----------
    3,188,086 3,267,622
    ---------- ----------
    THIRD QUARTER (March to May)
    . Food and Facilities
    Management
    - North America 1,441,063 1,420,978
    - Continental
    Europe 1,082,213 1,121,213
    - United Kingdom
    and Ireland 332,960 344,416
    - Rest of World 377,757 408,950
    . Service Vouchers and Cards 94,505 111,953
    . Elimination of intragroup
    Revenue -1,780 -1,992
    ---------- ----------
    3,326,718 3,405,518
    ---------- ----------
    FOURTH QUARTER (June to
    August)
    . Food and Facilities
    Management
    - North America 1,119,871 1,181,529
    - Continental
    Europe 954,624 1,030,597
    - United Kingdom
    and Ireland 373 371 410 701
    - Rest of World 378,429 415,819
    . Service Vouchers and Cards 100,360 123,559
    . Elimination of intragroup
    Revenue -1,333 -2,156
    ---------- ----------
    2,925,322 3,160,049
    ---------- ---------- ------------------
    % Variations
    ------------------
    at at
    TOTAL FISCAL YEAR current constant
    exchange exchange
    rates rates
    -------- ---------
    . Food and Facilities
    Management
    - North America 5,479,460 5,492,372 0.2% 8.0%
    - Continental
    Europe 4,148,207 4,387,861 5.8% 5.6%
    - United Kingdom
    and Ireland 1,369,735 1,475,039 7.7% 6.1%
    - Rest of World 1,434,147 1,590,715 10.9% 15.6%
    . Service Vouchers and Cards 373,202 446,732 19.7% 22.3%
    . Elimination of intragroup
    Revenue -6,395 -8,019
    ---------- ---------- -------- ---------
    TOTAL 12,798,356 13,384,700 4.6% 8.3%
    ---------- ---------- -------- ---------
    This growth is made up as
    follows :
    - Organic growth 8.4%
    - Acquisitions (*) -0.1%
    - Currency effect - 3.7%
    (*) net of disposals
    *T

    Annex 2: Food and Facilities Management services revenue by
    segment

    -0-
    *T
    Consolidated Group
    In millions of euro Fiscal Fiscal Organic
    2007 2006 growth
    (1)
    ----------------------------------------------------------------------
    -- Business & Industry 6,480 6,147 8.1 %
    -- Healthcare and Seniors 3,398 3,261 9.0 %
    -- Education 3,068 3,023 7.0 %
    ----------------------------------------------------------------------
    TOTAL 12,946 12,421 8.1 %
    ----------------------------------------------------------------------
    *T

    -0-
    *T
    North America
    In millions of euro Fiscal Fiscal Organic
    2007 2006 growth
    (1)
    ----------------------------------------------------------------------
    -- Business & Industry 1,342 1,367 8.9 %
    -- Healthcare and Seniors 2,038 1,995 10.1 %
    -- Education 2,112 2,117 7.6 %
    ----------------------------------------------------------------------
    TOTAL 5,492 5,479 8.8 %
    ----------------------------------------------------------------------
    *T

    -0-
    *T
    Continental Europe
    In millions of euro Fiscal Fiscal Organic
    2007 2006 growth
    (1)
    ----------------------------------------------------------------------
    -- Business & Industry 2,597 2,468 4.3 %
    -- Healthcare and Seniors 1,056 986 6.6 %
    -- Education 735 694 6.0 %
    ----------------------------------------------------------------------
    TOTAL 4,388 4,148 5.1 %
    ----------------------------------------------------------------------
    *T

    -0-
    *T
    United Kingdom and Ireland
    In millions of euro Fiscal Fiscal Organic
    2007 2006 growth
    (1)
    ----------------------------------------------------------------------
    -- Business & Industry 1,085 1,002 6.8 %
    -- Healthcare and Seniors 240 219 7.9 %
    -- Education 150 149 -1.2 %
    ----------------------------------------------------------------------
    TOTAL 1,475 1,370 6.1 %
    ----------------------------------------------------------------------
    *T

    -0-
    *T
    Rest of the World
    In millions of euro Fiscal Fiscal Organic
    2007 2006 growth
    (1)
    ----------------------------------------------------------------------
    -- Business & Industry 1,456 1,310 +15.5 %
    -- Healthcare and Seniors 64 61 +9.6 %
    -- Education 71 63 + 18.5 %
    ----------------------------------------------------------------------
    TOTAL 1,591 1.434 +15.3 %
    ----------------------------------------------------------------------
    *T

    (1) Organic growth: increase in revenue at constant consolidation
    scope and exchange rates.

    Annex 3: Selection of new clients

    Foodservices & Facilities Management

    North America

    Business & Industry

    Genzyme, three sites (860 employees, foodservices, vending);
    California State Auto Association, Glendale, California (530
    employees, foodservices); Franklin Templeton Investment Services, St
    Petersburg, Florida (1,400 employees, foodservices); Cox
    Communications, Rancho Santa Margarita, California (900 employees,
    foodservices) ; HSBC, Sioux Falls, South Dakota (1,000 employees,
    foodservices, vending); State Street Bank-Adams Bldg, nine sites,
    (13,000 employees, vending); Wyeth BioPharm, Andover, Massachusetts
    (2,500 employees, vending); Suffolk University, Boston, Massachusetts
    (800 employees and 8,300 students, vending)

    Healthcare and Seniors

    McAllen Medical Center, McAllen, Texas (two sites, 660 beds);
    Lawrence Hospitals, Bronxville, New York (280 beds, facilities
    management, food and nutrition services, patient transportation);
    Pottstown Memorial Medical Center, Pottstown, Pennsylvania (220 beds);
    Memorial Hospital, Chattanooga, Tennessee (370 beds, foodservices and
    nutrition); Covenant Retirement Community, 15 sites (5,300 residents);
    York Central Hospital, Canada (420 beds, foodservices and facilities
    management); St. Anthony Hospital, Oklahoma City, Oklahoma, (400
    beds); Penn Presbyterian Medical Center Philadelphia, Pennsylvania,
    (270 beds)

    Education

    University of Tennessee, Knoxville, Tennessee (stadium management,
    concessions) ; University of Alaska, Anchorage, Alaska (19,750
    students, dining) ; Weber State University, Ogden, Utah (18,820
    students, dining) ; Drew University, Madison, New Jersey (2,520
    students, dining) ; Batavia United School District, Batavia, Illinois
    (6,020 students) ; Beecher Comm. United School District, Beecher,
    Illinois (890 students) ; Irvington Public School District, Irvington,
    New Jersey (7,910 students) ; Jamestown School District, Jamestown,
    Rhode Island (580 students) ; Wauwatosa School District, Wisconsin
    (7,100 students) ; Warren County Career Center, Lebanon, Ohio (700
    students) ; San Jose Unified School District, San Jose, California
    (31,130 students) ; Asbury Park School District, Asbury Park, New
    Jersey (3,350 students) ; Jefferson School District, Monroe, Michigan
    (2,900 students); University of Illinois, Chicago, Chicago, Illinois,
    (foodservices, 25,700 students)

    Continental Europe

    Business & Industry

    Galeries Lafayette HQ, France (5,000 meals, foodservices); BHV,
    France (1,000 meals, foodservices); RIE la Maison des services
    Canceropole, France (500 meals, foodservices); Societe Generale HQ,
    France (1 000 meals, foodservices); Rijkswaterstaat Westraven,
    Netherlands (2,000 meals, foodservices); Pan Auto, Russia (facilities
    management);

    Defense

    Garrison at Eksjo, Sweden (foodservices)

    Healthcare and Seniors

    Cafeteria Hospital 12 October, Spain (1 300 meals, foodservices);
    Stichting Cordan, Netherlands (300 meals, foodservices)

    Education

    Mairie de Troyes, France (2,080 meals, foodservices); TU Delft,
    Netherlands (19,500 meals, foodservices); Avans Hogeschool,
    Netherlands (19,800 meals, foodservices)

    UK & Ireland

    Business & Industry

    ING Real Estate, London (200 employees, foodservices); Bear
    Stearns, London (850 employees, foodservices); Northern Way
    Properties, Manchester (1,000 employees, facilities management); Black
    & Veatch, Immingham (foodservices and facilities management) ;
    Astrium, two sites (3,400 employees, facilities management); Ebay,
    Dublin (350 employees, foodservices and facilities management); PayPal
    Europe Services, Dublin (850 employees, foodservices and facilities
    management); Thales Sapphire, Crawley (2,500 employees, foodservices);

    Defense

    British Forces, Cyprus (10,000 customers, facilities management);

    Healthcare

    North Staffordshire PFI, two hospitals (facilities management and
    technical maintenance)

    Education

    Truro High School for Girls, Truro (520 students, foodservices);
    Harris City College, London (210 students, foodservices); London
    Borough of Richmond, 39 schools (11,700 students, foodservices);
    Joseph Swan School, Gateshead, (foodservices, 1,200 students);
    Taverham High School, Norwich, (foodservices, 860 students)

    Rest of the World

    Business & Industry

    Sundown, Brazil (3,000 customers, foodservices); Total Access
    Communication, Thailand (1,000 employees, foodservices); TelstraClear
    Limited, New Zealand (1,200 employees); Nestle, Australia, two sites
    (900 employees, foodservices); Dow Chemical R&D Center, China (1,600
    employees, foodservices); Shanghai Caohejing Export &Processing Zone
    Administration Committee, China (2,000 employees, foodservices) ; Wuxi
    Hi-tech Incubator and development Co., Ltd., China (2 000 employees,
    foodservices); Effem Foods Co.Ltd. -Snack site, China (1,800
    employees, foodservices); Accenture, China, three sites (320
    employees, security); FLAME, Pune, India, (1,000 meals, foodservices);
    Cisco Systems, Bangalore, India, (1,200 meals, foodservices); Jindal
    Steel, Bellary, India (facilities management); DLF Builders, Delhi,
    India (facilities management)

    Healthcare and Seniors

    Hospital Universitario San Ignacio, Colombia (290 beds,
    foodservices); Samitivej Srinakarin Hospital, Thailand (400 beds,
    laundry); Qingheyuan Cherish-yearn Seniors Home, China (2,000
    employees, foodservices); Qingdao City Chengyang People's Hospital,
    China (800 beds, foodservices);

    Education

    American International School, China (400 employees, security);
    American School of Bombay, Mumbai, India, (600 meals, foodservices);
    Singapore American School, Singapore (foodservices)

    Remote Sites

    Glencore Prodeco, Colombia, four sites (2,000 customers,
    foodservices, hospitality, cleaning and gardening); Yagana - Sipetrol,
    Argentina (foodservices); CDB, Peru (450 customers, foodservices and
    facilities management); Fafen - Petrobras, Brazil (1,100 customers,
    foodservices); Dubai World, United Arab Emirates (2,400 employees,
    foodservices); Schlumberger, Nigeria (foodservices and facilities
    management) ; Dodsal, Oman (1,300 employees, foodservices, cleaning
    and laundry);

    Service Vouchers and Cards

    CENTRAL EUROPE:

    Hungary: The National Headquarter of the Customs Office (Food
    Pass, 7,000 beneficiaries)

    Poland: Coca-Cola (Gift Pass, 3,200 vouchers); ICI (Motivation
    Pass, 200 vouchers); Poludniowy Koncern Energetyczny (Gift Pass)

    Romania: Termoelectrica (Food Pass, 1,790 beneficiaries); Hospital
    University of Bucharest (Food Pass, 2,900 beneficiaries)

    WESTERN EUROPE:

    Belgium: Degussa (Gift Pass, 1,000 beneficiaries); GE (Meal Pass,
    420 beneficiaries)

    France: Lancaster (Meal Pass, 250 beneficiaries); URSAFF (Meal
    Pass, 300 beneficiaries)

    UK: News International Group (Education Pass, 100 beneficiaries)

    LATIN AMERICA:

    Argentina: Gasnor (Food and Meal Pass, 280 beneficiaries)

    Brazil: Fidelity National Financial (Meal and Mobility Pass, 3,400
    beneficiaries); Organizacion Brasileiro de prestaciones de servicios
    (Food Pass, 1 280 beneficiaries); Public Ministry of the State
    Espirito (Food Pass, 310 beneficiaries)

    Mexico: Nycomed (Food Pass, 130 beneficiaries)

    Peru: TNT (Food Pass, 120 beneficiaries)

    ASIA:

    China: Microsoft (Meal Pass)

    India: Capgemini (Meal Pass, 540 beneficiaries); RBS (Meal Pass,
    400 beneficiaries)