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Size and Diversity Drive Credit Quality in Europe's Business Services Industry Aug 04 Product Image

Size and Diversity Drive Credit Quality in Europe's Business Services Industry Aug 04

  • Published: August 2004
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • Adecco S.A.
  • Cap Gemini S.A.
  • Compass Group PLC
  • Getronics N.V.
  • Intertek Group PLC
  • ISS World Services A/S
  • MORE

Abstract
Business services companies have flourished in the past decade, thanks to the general trend toward outsourcing of noncore activities by a broad swathe of businesses. The business services industry encompasses a wide range of niches, with broad segments covering facility services (cleaning, hygiene, food, and security services) and professional services (staffing and advertising agencies, and consulting services). This article identifies key industry characteristics and success factors for the European business service industry, and is a framework for Standard & Poor's analysis of business service companies. Outside the scope of this article, however, are industry-specific companies such as those covering offshore services, airline catering, and a growing portion of service-related operations in manufacturing. That said, many of the industry characteristics and...

Companies mentioned in this report are:
- Cap Gemini S.A.
- WPP 2008 Ltd.
- Sodexo
- Adecco S.A.
- Getronics N.V.
- Securitas AB
- Compass Group PLC
- Rentokil Initial 1927 PLC
- ISS World Services A/S
- Intertek Group PLC

Standard and Poors RatingsXpress Credit Research READ MORE >

- Cap Gemini S.A.
- WPP 2008 Ltd.
- Sodexo
- Adecco S.A.
- Getronics N.V.
- Securitas AB
- Compass Group PLC
- Rentokil Initial 1927 PLC
- ISS World Services A/S
- Intertek Group PLC

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