Compass Group PLC (CPG.L)

LSE - LSE Delayed Price. Currency in GBp (0.01 GBP)

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2,230.00

+3.00

(+0.13%)

At close: 05:25PM BST

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Reuters
Catering firm Compass lifts profit forecast after strong first half
The world's largest food caterer with operations in over 30 countries expects volume growth to moderate after a boost in the past six months from more workers returning to offices, and sports and leisure events ramping up. "Beyond 2024, we expect to sustain mid to high single-digit organic revenue growth, ongoing margin progression and profit growth ahead of revenue growth," CEO Dominic Blakemore said in a statement. Compass' organic revenue for the year is expected to grow towards 10%, compared with analyst expectation of about 9.2%.
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