Company
Compass Group PLC
LON:CPG
Compass Group PLC is a market leader in providing food and a range of selected support services to customers in the workplace, in schools and colleges, in hospitals, at leisure or in remote environments
206 stories · page 1 of 3
Compass relies on outsourcing clients for growth, share buyback announced
The results "reflect a structural growth opportunity in outsourcing", analysts reckon
FTSE 100 stuck in the red as investors mull US inflation data
UK stocks failed to get a bump from US inflation data that meet expectations, with the FTSE 100 index closing 0.4% lower at 7,732 points
Compass lifts dividend as profits and revenues grow strongly
The company highlighted "excellent" net new business of 7.5%, while client retention rates improved to a record 96.4%, up 100 basis points on 2021
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FTSE 100 drops at the close as oil prices weigh on the index
At the close, the FTSE 100 had retreated 0.1% to end the day in negative territory at 7,377 points
Compass to serve up strong sales and profit growth as more companies outsource catering
City analysts see operating profit steaming up from £812mln to £1.5bn
Compass Group shares rise after caterer lifts revenue guidance
In Compass’ third quarter revenues increased by 43.4%
Compass jumps as trading returns to pre-Covid levels
The catering group reported record new business wins of £2.5bn over the last 12 months
Good appetite for Compass shares – Barclays
Compass better protected from macro fallout from Russian invasion, says broker
Compass and Whitbread attractive as European leisure makes comeback - Barclays
Hotel companies expected to rebound as Barclays survey suggests pandemic hit to be less severe than expected
Compass reports strong Q1 growth as revenues recover to pre-pandemic levels
Four out of five sectors are now trading above 100% of pre-pandemic 2019 revenues, the support services company said
Compass predicts strong revenue growth as it dishes out a dividend again
Margins in the fourth quarter rose to 5.8% compared to 4.4% overall for the year
Builders and building materials
FTSE 100 closes modestly higher as energy stocks rise on oil price boost
At the close, the UK blue-chip index was 11.23 points, or 0.2% firmer at 7,266.69, below the session peak of 7,293.07, but well above the day’s low of 7,204.37
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FTSE 100 closes higher as markets cheer Powell's reappointment
The UK's blue-chip benchmark finished ahead by almost 32 points, or 0.44%, at 7,255
Compass to cut down on meat as part of green commitments
"Radical new collaborations are urgently needed across the entire value chain to make it a reality."
Compass posts improvement across the board but conferences segment lags
Full-year revenues are expected to recover to 76% of 2019 levels
Builders and building materials
Compass and Kingfisher to serve up contrasting dishes
Among the smaller caps, there’s digital training specialist Learning Technologies and semiconductor IP specialist Alphawave IP Group, which floated in May
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FTSE 100 finishes higher as M&A activity seems 'alive and well'
The index of UK blue-chips in positive territory despite worse than expected public finances while Dow comes off best levels
Will US Fed, Bank of England, Compass, Kingfisher and Playtech keep plates spinning in coming week?
Other updates and results are scheduled in the week from CVS, DFS, Fuller Smith & Turner, Investec, Saga, SIG
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FTSE 100 rallies for a second straight day
The UK blue-chip index recorded triple-digit gains as fears of COVID variant subside
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Go for pricing power stocks as inflation pressures mount, reckons Credit Suisse
Compass, Kingfisher, Croda, Smurfit Kappa and Weir Group all fit the bill for the broker
Compass eyes gradual recovery as markets reopen
Revenue is expected to improve in the third quarter after a slide in the first half of the financial year
Compass Group confident of rebuilding margins before it returns to pre-COVID-19 volumes
The group has been operating at about 71% of 2019 revenues in the first half of its current fiscal year, which runs to the end of September.
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FTSE 100 ends in the red, while BP slides along with oil price
Brent crude has fallen nearly 4.5% to $61.53 a barrel
Compass says depressed sales continue but sales pipeline is growing
Second-quarter revenues and volumes will be broadly in line with the first, but operating margins are expected to improve
Compass Group accused of profiteering over school meals packages
The company said, "our hampers follow the DofE specifications" but said the image "falls short"
Compass Group most exposed to structural shift from home working among European caterers, says JP Morgan
The bank said they believed the pandemic will “accelerate” the shift of wallet spending from “out-of-home to in-home triggered by [working from home]” which in turn will underpin further growth in employee benefits rather than in-office cat
Compass Group's full-year profits collapse 82%
“We are improving the quality of the business and will emerge from the pandemic stronger than we've ever been,” said boss Dominic Blakemore
Builders and building materials
Pets at Home and Cranswick bring animal spirits to the fore on Tuesday
FTSE 100 groups Compass Group and Pennon Group are also reporting
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Utility firms, Aviva and Reach in focus for coming week; UK spending review to dominate macro calendar
Other firms in focus will be retailer Pets At Home as well as catering firm Compass and drinks maker Britvic
Compass downgraded by broker on impact of working-from-home on catering industry
“The share price assumes rapid recovery and consensus margin recovery assumptions look optimistic,” analysts said
"Eat out to help out" failed to arrest decline in hospitality sector's sales in the third quarter
A survey by The British Chambers of Commerce revealed that 66% of respondents in the hospitality and catering sector reported a fall in sales and bookings between June and the end of September
Compass Group back to breakeven but concerned about new lockdowns
The pace of further recovery in margins and revenues is unclear, it said
Compass Group gets boost as Barclays raises rating to ‘overweight’ from ‘equal-weight’
The global bank also hiked its target price for the FTSE 100-listed stock to 1,500p from 1,050p, with the shares currently trading at 1,317.50p
Compass appoints former Ferguson boss as chairman
Ian Meakins has been CEO of Travelex and Alliance Unichem and sat on the boards of Centrica and O2
Compass encouraged by June performance, quarterly revenue tans 44%
The education and business & industry sectors started to cautiously reopen, while sports & leisure remained fully shut
Compass makes history with fundraising and opens door for more smaller investors
The proposed placing will be the first ever accelerated share placing by a FTSE 100 company to include a retail offer
Compass Group in £2bn placing to weather coronavirus crisis
The contract caterer's revenues have fallen sharply since the start of March due to the impact of lockdowns across its markets
Compass Group closes half of its operations due to coronavirus pandemic
The catering giant is planning monthly cost savings of £450mln, with net debt as at March 31 totalling £4.9bn
Compass Group warns on profits over coronavirus closures
Operating profit for the six months to 31 March will be £125mln-£225mln, or 25-30% lower than expected
Compass' cost-saving programme offsetting flat European sales
The three months to 31 December saw organic revenue rising 5.3% driven by North America and the rest of the world, while Europe remained flat as anticipated
Compass Group chairman hands in notice
Paul Walsh will remain as chairman until a successor is appointed, with his intention to stay no longer than the 2021 annual shareholder meeting
Compass numbers point to flat returns, says Liberum
The broker downgraded its recommendation for the FTSE 100 catering giant to 'hold' on the back of the latest results
Compass profits undercooked as its moves to counter European slowdown
Annual revenue swelled 6.4% to £25.2bn, which was better than the company’s targeted range of 4% to 6%
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FTSE 100 closes a touch higher; sterling stays weak on election fears
By the close, the UK blue chip index was up 6.85 points, or 0.1% at 7,403.14
Compass hopes to serve up tasty results on Tuesday
Accompanying the world's biggest caterer will be results from Topps Tiles and video game developer Codemasters
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FTSE 100 closes in red Thursday as ECB update underwhelms
There were mixed messages in Mario Draghi's update on Thursday
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Day ahead preview: Unilever, National Express, Diageo, ECB
With a slew of corporate earnings and the European Central Bank's policy decision, Thursday will be a busy day of news
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ITV investors hope for Love Island boost amid tough ad market
The week ahead includes updates from ITV, Unilever, Rightmove, Diageo, Marston's, IG Group, National Express, GSK and AstraZeneca
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e-therapeutics jumps as share overhang created by Woodford’s need to liquidate assets further cleared
A look at some of the biggest risers and fallers in London on Thursday