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For example, if your 'initial filing' date is May 15, your Annual Report is due May 1 of each year. With a portfolio of more than 50 leading global, regional and local coffee and tea brands, JDE Peet’s offers an extensive range of high-quality and innovative coffee and tea products and solutions to serve consumer needs across markets, consumer preferences and price levels. Per share data are based on a pro-forma average number of shares of 499 million. Strong performance reflects resilience of business and brands, AMSTERDAM--(BUSINESS WIRE)--A message from Casey Keller, CEO of JDE Peet’s, “JDE Peet’s delivered strong performance in the first half of 2020, demonstrating the resilience of our business and brands despite the unprecedented economic and social disruption of COVID-19. Actual events or results may differ materially as a result of risks and uncertainties facing the Group. Adjusted EBIT increased organically by 10.5% to EUR 642 million driven by double-digit growth in all three CPG segments and Peet’s, offset by a decline in the Out-of-Home segment. On May 26, 2020, JDE Peet’s published a prospectus in connection with the offering and the admission. Reported sales decreased by 29.8% to EUR 336 million, including a foreign exchange impact of -1.0% and 0.7% related to scope changes. The forward-looking statements contained in these materials speak only as of the date of these materials. However, starting in June when restrictions were gradually lifted across markets, we saw good recovery. Our balanced coffee and tea portfolio allowed us to quickly adapt to rapidly changing consumer habits, following the dynamic shift of cups from the away-from-home to the in-home environment. These Non-IFRS Measures are presented in addition to the figures that are prepared in accordance with IFRS. Purpose Overview. Reported sales decreased by 1.1% to EUR 308 million, which included a foreign exchange impact of -1.2% related to depreciation of the Australian dollar, New Zealand dollar and Singapore dollar. Applies to: JD Edwards EnterpriseOne HCM Foundation - Version 9.1 to 9.2 [Release 9.1 to 9.2] JD Edwards EnterpriseOne Human Resources Management - Version 9.1 to 9.2 [Release 9.1 to 9.2] JD Edwards EnterpriseOne Employee Self-Service - Version 9.1 to 9.2 [Release 9.1 to 9.2] These forward-looking statements and other statements contained in these materials regarding matters that are not historical facts involve predictions. All figures in these materials are unaudited. JDE Peet’s is the world's largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 (“FY”) in more than 100 developed and emerging countries. Historical Financial Data. The measures taken by governments around the world to reduce the outbreak have resulted in a noticeable shift in coffee and tea consumption from away-from-home to in-home, and to a significant increase in sales through e-commerce. Organic growth consisted of 5.2% volume/mix growth which was partly offset by a price effect of -0.5%. Reported sales decreased by 29.8% to EUR 336 million, including a foreign exchange impact of -1.0% and 0.7% related to scope changes. 1,558.00. Our company and the wider coffee and tea category continued to show strong resilience during the height of the COVID-19 crisis, despite global economic uncertainty. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. Sales in the coffee stores and away-from-home business were significantly impacted by the COVID-19 lockdowns. These trends supported performance in most of our CPG businesses - most notably in the developed markets - but negatively impacted performance in our away-from-home operations. Our global manufacturing and supply network, combined with a large portfolio of trusted brands and our strong, diversified go-to-market approach, means we are well-placed to withstand future economic uncertainties. During the company's 2020 annual testing of non-amortizable intangible assets, the company recorded approximately $54 million of impairment charges in the third quarter of 2020 related to three gum and chocolate brands. M&A and divestures). The forward-looking statements contained in these materials speak only as of the date of these materials. Company Overview; Our Businesses; History and Milestones; Leadership; Culture and Values; Peet’s CPG business delivered strong double-digit organic sales growth, driven by the shift to in-home consumption and the popularity of Peet’s premium Beans, Ground and Single Serve offerings. In FY 2019, JDE Peet’s generated total sales of EUR 6.9 billion and had on average 21,255 employees worldwide. Rankings are based on revenue, unless otherwise stated. On May 26, 2020, JDE Peet’s published a prospectus in connection with the offering and the admission. Adjusted EBIT decreased from EUR 89 million in H1 19 to EUR (8) million in H1 20 due to declining sales. In tables, negative amounts are shown in parentheses. 2019 Annual Report 2.7 MB. Underlying Profit is defined as Adjusted EBIT for the period including Financial Income and Expenses, Adjusted Taxes and Adjusted Income from associates and joint ventures. This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation. About Us. Adjusted EBIT increased organically by 16.3% to EUR 558 million in H1 20, driven by higher sales and lower expenses during the COVID-19 crisis. Underlying profit - excluding non-recurring items - increased by 12.0% to EUR 393 million, due to a higher operating profit, which was partly offset by higher tax charges. We implemented furloughs and temporary lay-offs to reduce labour and operating costs. 2017 Annual Report 12 MB. 2020 Report of the Secretary-Generalon the Work of the Organization For more information please visit www.JDEPeets.com. Annual Report 2019 (pdf) Sustainability Report 2019 (pdf) 2020. All figures in these materials are unaudited. To determine organic Adjusted EBIT in a given year, Adjusted EBIT in that year is translated at the average foreign exchange rate of the comparable year and excludes Adjusted EBIT from acquired/divested companies until 12 months following the transaction date. Across the business, April and May were most severely impacted. Savings in operating expenses were offset by bad debt provisions. M&A and divestures). Per share data are based on a pro-forma average number of shares of 499 million. For further information on Non-IFRS Measures, see "Non-IFRS Measures" in the Group’s financial statements as of, and for, the six months ended 30 June 2020. Starting in June, we have seen good recovery in our away-from-home businesses. Adjusted EBIT increased organically by 74.4% to EUR 69 million in H1 20 largely reflecting lower operating expenses and a soft comparable basis. May 01, 2017. These materials contain non-IFRS financial measures (Non-IFRS Measures), which are not liquidity or performance measures under IFRS. Out of Home 336 -29.5 % -29.8 % (8 ) n.a. Total reported sales decreased by 2.9% to EUR 3,236 million. Private postsecondary educational institutions are required by law to submit an Annual Report to the Bureau. No assurance can be given that such future results will be achieved. Our teams continue to closely monitor the evolution of the pandemic - and the related changes in consumer behaviour it triggers - to ensure that we follow customer and consumer demand and adjust our operations accordingly. To determine organic Adjusted EBIT in a given year, Adjusted EBIT in that year is translated at the average foreign exchange rate of the comparable year and excludes Adjusted EBIT from acquired/divested companies until 12 months following the transaction date. Organic growth consisted of a volume/mix effect of -0.2%, offset by a positive price effect of 0.3%. 2016 Annual Report 3.7 MB. Further details of potential risks and uncertainties affecting the Group are described in the Company’s filings with the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten). In FY 2019, JDE Peet’s generated total sales of EUR 6.9 billion and had on average 21,255 employees worldwide. Thursday, September 17, 2020 Nova Brasilia coffee celebrates production of its 500 millionth pack for the Bulgarian market JDE celebrates 25 years of international coffee production together with Bulgarian partners and the diplomatic community at Kostinbrod factory. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. Organic sales growth is defined as the growth in organic sales between the given and comparable year. Net leverage improved to 3.4x net debt to adjusted EBITDA from 4.2x at the end of FY 19. Rankings are based on revenue, unless otherwise stated. Underlying Profit is defined as Adjusted EBIT for the period including Financial Income and Expenses, Adjusted Taxes and Adjusted Income from associates and joint ventures. All seven core criteria were answered and six out of six r ecommended criteria were answered. The Out-of-Home segment was significantly impacted by the COVID-19. Q1. In addition, we are well on track to meet our deleveraging goal. JDE Peet’s is the world's largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 (“FY”) in more than 100 developed and emerging countries. Net leverage ratio is defined as net debt divided by Adjusted EBITDA of the last twelve months. Organic Adjusted EBIT are defined as Adjusted EBIT translated at the prior year average foreign exchange rate and adjusted for scope changes (a.o. Reported sales increased by 3.7% to EUR 1,652 million, including a foreign exchange impact of -1.0% mainly due to the depreciation of the Norwegian krone and the Polish zloty. Net Income. We are well on track to reduce our leverage to below 3x net debt to adjusted EBITDA by the end of H1 21. +31 6 1594 4569 We are well on track to reduce our leverage to below 3x net debt to adjusted EBITDA by the end of H1 21. Due to the emerging public health impact of the coronavirus (COVID-19) and to support the health and well-being of our shareholders, employees and communities, the 2020 Annual Meeting of Shareholders will be conducted in … The Out-of-Home segment was significantly impacted by the COVID-19. These Non-IFRS Measures are presented in addition to the figures that are prepared in accordance with IFRS. By the end of June, most coffee stores were open with pick-up, delivery and limited inside service. In the first half of 2020, JDE Peet’s was affected by the outbreak of the COVID-19 pandemic, which led to unprecedented circumstances for our company, employees, customers and suppliers. Applies to: JD Edwards EnterpriseOne General Ledger - Version XE and later Information in this document applies to any platform. As part of your year-end procedures, you must close your books for the fiscal year. Annual Reports for corporations, LLCs, LPs, RLLPs and SFs are due on the first day of the anniversary month of formation. Adjusted EBIT increased organically by 10.5% to EUR 642 million driven by double-digit growth in all three CPG segments and Peet’s, offset by a decline in the Out-of-Home segment. Adjusted EBIT increased organically by 18.2% to EUR 50 million in H1 20, largely driven by the growth in CPG and the transition of the ready-to-drink coffee business to a licensing partnership with Keurig Dr. Pepper. Organic growth consisted of a volume/mix effect of -4.1% and a price effect of 3.4%. In tables, negative amounts are shown in parentheses. In the first half of 2020, JDE Peet’s was affected by the outbreak of the COVID-19 pandemic, which led to unprecedented circumstances for our company, employees, customers and suppliers. Peet’s CPG business delivered strong double-digit organic sales growth, driven by the shift to in-home consumption and the popularity of Peet’s premium Beans, Ground and Single Serve offerings. Casey Keller (CEO) and Scott Gray (CFO) will host a conference call for analysts and institutional investors at 10:00 AM CET today to discuss the half-year results 2020. Adjusted EBITDA are defined as operating profit before depreciation and amortisation, adjusted for the same factors as listed under Adjusted EBIT. Organic growth consisted of a volume/mix effect of -0.2%, offset by a positive price effect of 0.3%. Net leverage ratio is defined as net debt divided by Adjusted EBITDA of the last twelve months. Including the effects of foreign exchange and scope changes, adjusted EBIT increased by 9.1%. “Captain Tsubasa: Dream Team” worldwide release 3rd anniversary kicks off today! This Annual Report shows the organisation's performance against the APCO Packaging Sustainability Framework. Published December 4, 2020 • Updated on December 4, 2020 at 12:26 pm Getty Images As the nation looks forward to 2021, Grubhub is looking back at how Americans ate their way through 2020. Further details of potential risks and uncertainties affecting the Group are described in the Company’s filings with the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten). Net acquisitions increased sales by 0.1% while foreign exchange had a negative impact of 1.8%. These forward-looking statements and other statements contained in these materials regarding matters that are not historical facts involve predictions. The measures taken by governments around the world to reduce the outbreak have resulted in a noticeable shift in coffee and tea consumption from away-from-home to in-home, and to a significant increase in sales through e-commerce. Apr 27, 2018. View the full release here: In the first half of 2020, JDE Peet’s was affected by the outbreak of the COVID-19 pandemic, which led to unprecedented circumstances for our company, employees, customers and suppliers. Reported sales increased by 3.7% to EUR 1,652 million, including a foreign exchange impact of -1.0% mainly due to the depreciation of the Norwegian krone and the Polish zloty. Financial Year Ended 2020. Business coffee solutions by JDE Professional. Given our strong portfolio of products and channels, we are uniquely positioned to continue to gain market share as we pivot to meet the needs and opportunities of our customers and consumers around the world.”. Including the effects of foreign exchange and scope changes, adjusted EBIT increased by 9.1%. 1 Underlying profit (per share) excludes all adjusting items (net of tax). Robin Jansen Adjusted taxes are defined as taxes adjusted for the effect of the non-recurring items mainly related to non-deductible expenses and changes in tax reserves and recognised deferred tax assets. 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