Registration Document
Registration Document
Registration Document
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
P ◀ CONTENTS ▶<br />
6.2 Market trends and growth<br />
potential<br />
Market trends<br />
Economic trends<br />
Rising demand and expenditures:<br />
• the increasing number of seniors has contributed<br />
to rising health care costs;<br />
• greater prevalence of chronic diseases is<br />
contributing to higher costs.<br />
Controlling budgets:<br />
• many seniors lack sufficient personal resources<br />
to cover medical care costs;<br />
• governments are seeking cost-effective solutions<br />
to meet the higher demands for senior care.<br />
Social trends<br />
extended life expectancy, changing society:<br />
• medical advances are prolonging life expectancy<br />
with those over 80 comprising the fastest growing<br />
segment of the population in many developed<br />
countries;<br />
• more seniors, preferring to live independently at<br />
home, are entering facilities later in life.<br />
A rising need for professional caregivers:<br />
• growing numbers of families are seeking help to<br />
meet the unique requirements of the elderly;<br />
• competition for professional caregivers is<br />
intensifying.<br />
Source: Sodexo<br />
Growth potential<br />
Close to 90 billion euro<br />
in estimated total market value,<br />
with an outsourcing rate at 25% (among the<br />
highest rates: Australia and Denmark, above 50%;<br />
among the lowest rates: the United Kingdom and<br />
the United States, around 10%).<br />
Sodexo estimate<br />
6.3 Achievements<br />
Quality of Life Services 04<br />
Our On‑site Service Solutions<br />
Australia ‑ Sodexo’s 100% accreditation<br />
performance continues<br />
For the seventh consecutive year, Sodexo maintained<br />
100% third-party accreditation and compliance with<br />
senior care governing bodies in Australia, a rare<br />
accomplishment.<br />
Spain ‑ Serving largest senior residences<br />
group<br />
Sodexo provides foodservices under a global<br />
agreement to SAR/Mapfre Quavitae, which with<br />
more than 65 senior residences and 60 day-care<br />
centers, is Spain’s largest senior residences group.<br />
United States<br />
Keeping residents and patients at the heart<br />
of everything we do<br />
To help fight two of the leading causes of death in<br />
America – heart disease and stroke – Sodexo teamed<br />
up with the American Heart Association (AHA) and<br />
flowers and gift company, 1-800-FLOWERS.com, to<br />
benefit cardiovascular research and heart health<br />
education. During the month-long “Have A Heart”<br />
program, visitors and staff at Sodexo Health Care<br />
locations across the country could purchase roses<br />
for 3 dollars each as gifts to retirement community<br />
residents and hospital patients, with all proceeds<br />
going to the AHA.<br />
Expanded services for prestigious client<br />
Among Sodexo’s prestigious clients is Keiro Seniors<br />
Healthcare communities of Los Angeles, California.<br />
US News and World Report recently ranked Keiro<br />
Intermediate Care as one of the “Best Nursing Homes”<br />
in California. Sodexo began providing foodservices<br />
four years ago and added building services in 2011.<br />
6.4 Among our clients…<br />
Adavir Group, 12 sites (Spain).<br />
Air Force Villages, San Antonio, Texas (United<br />
States).<br />
American Baptist Homes of the West (ABHOW), 10<br />
sites (United States).<br />
Sodexo <strong>Registration</strong> <strong>Document</strong> Fiscal 2011<br />
37<br />
01<br />
02<br />
03<br />
04<br />
05<br />
06<br />
07<br />
08<br />
09<br />
10<br />
11<br />
12<br />
13<br />
14