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Pin to quick picksCompass Group Share News (CPG)

Share Price Information for Compass Group (CPG)

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Share Price: 2,230.00
Bid: 2,229.00
Ask: 2,231.00
Change: 3.00 (0.13%)
Spread: 2.00 (0.09%)
Open: 2,219.00
High: 2,240.00
Low: 2,213.00
Prev. Close: 2,227.00
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Compass backs FY outlook as Q3 revenues jump

Tue, 25th Jul 2023 07:36

(Sharecast News) - Catering company Compass Group backed its full-year outlook on Tuesday as it posted an increase in third-quarter organic revenue.

In an update for the quarter to the end of June, Compass said organic revenue rose 15%. Revenue in North America was up 14%, while Europe and Rest of World revenue jumped 17% and 20%, respectively.

"Outsourcing trends remain strong and are contributing to an exciting pipeline of new business opportunities across all our regions," it said. "Whilst inflation remains elevated, we are making margin progress by mitigating cost pressures, pricing appropriately and benefiting from operational leverage."

Compass said that for FY23, it continues to expect operating profit growth towards 30% on a constant currency basis, to be delivered through organic revenue growth of around 18% and an underlying operating margin of between 6.7% and 6.8%.

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15 Nov 2023 09:41

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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13 Nov 2023 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
Grafton Group PLCTrading Statement
Hill & Smith PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Revolution Beauty Group PLCHalf Year Results
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
Wednesday 15 November 
Diversified Energy Co PLCTrading Statement
Experian PLCHalf Year Results
Fuller, Smith & Turner PLCHalf Year Results
Genuit Group PLCTrading Statement
Intermediate Capital Group PLCHalf Year Results
Ninety One PLC and LtdHalf Year Results
Renold PLCHalf Year Results
SSE PLCHalf Year Results
Synthomer PLCTrading Statement
Tracsis PLCFull Year Results
Tullow Oil PLCTrading Statement
Warehouse REIT PLCHalf Year Results
Thursday 16 November 
Assura PLCHalf Year Results
Atalaya Mining PLCQ3 Results
Aviva PLCTrading Statement
Burberry Group PLCHalf Year Results
Close Brothers Group PLCTrading Statement
CMC Markets PLCHalf Year Results
Crest Nicholson Holdings PLCTrading Statement
Halma PLCHalf Year Results
Great Portland Estates PLCHalf Year Results
Kier Group PLCTrading Statement
International Distributions Services PLCHalf Year Results
Investec PLC and LtdHalf Year Results
Liontrust Asset Management PLCHalf Year Results
Manolete Partners PLCHalf Year Results
Melrose Industries PLCTrading Statement
Norcros PLCHalf Year Results
Premier Foods PLCHalf Year Results
Qinetiq Group PLCHalf Year Results
Spirax-Sarco Engineering PLCTrading Statement
Syncona LtdHalf Year Results
Tatton Asset Management PLCHalf Year Results
Tyman PLCTrading Statement
United Utlities Group PLCHalf Year Results
Young & Co's Brewery PLCHalf Year Results
Friday 17 November 
Record PLCHalf Year Results
Monday 20 November 
Big Yellow Group PLCHalf Year Results
Compass Group PLCFull Year Results
Diploma PLCFull Year Results
Polar Capital Holdings PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
Sirius Real Estate LtdHalf Year Results
SRT Marine Systems PLCHalf Year Results
  
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2 Nov 2023 10:31

IN BRIEF: Grafton promotes Hays's Susan Murray to senior director

Grafton Group PLC - Dublin-headquartered building materials supplier and DIY retailer - Non-Executive Director Susan Murray will succeed Hampden Smith as senior independent director at the conclusion of its annual general meeting in 2024. Smith will step down from the board after "almost nine years". Murray is also a non-executive director of Hays PLC, and was formerly a non-executive director at Mitchells & Butlers PLC and Compass Group PLC. From 1992 to 1998 she was chief executive officer of the Pierre Smirnoff Co, part of Diageo PLC. Grafton also hires Mark Robson as a non-executive director, effective December 1, to succeed Smith as chair of its Audit & Risk Committee.

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1 Nov 2023 10:40

IN BRIEF: Whitbread adds Compass chief commercial officer to board

Whitbread PLC - Dunstable, Bedfordshire-based owner of Premier Inn chain of hotels - Appoints the chief commercial officer of Chertsey, Surrey-based catering and food service Compass Group PLC, Shelley Roberts, to its board as a non-executive director. Roberts leads Compass's global clients, mergers & acquisitions, health & safety, sustainability and digital & procurement functions. She previously worked in the travel sector at easyJet PLC, Tiger Airways and Sydney Airport.

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9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

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4 Oct 2023 16:33

London close: Stocks finish in the red after raft of global data

(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.

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4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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4 Oct 2023 07:45

LONDON BRIEFING: Tesco profit surges; Spirent Comms cuts outlook

(Alliance News) - Stocks in London are called lower on Wednesday, as worries about a protracted period of elevated US interest rates tank risk sentiment.

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29 Sep 2023 09:15

LONDON BROKER RATINGS: Goldman Sachs cuts WPP; Shore raises LandSec

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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22 Sep 2023 09:18

IN BRIEF: Compass CFO to shift to North America operations chief

Compass Group PLC - Chertsey, Surrey-based catering and food service - Gary Green will retire as group chief operating officer, North America, after 24 years in that post and nearly 40 years in total with the company. Green will step down from the Compass board on November 30 but remain available to the company until March 31. He will be replaced on December 1 by Palmer Brown, who has been Compass's US-based group chief financial officer since 2021. Brown will remain on the Compass board and will be replaced as CFO by Petros Parras, who has been regional finance director for Europe Middle East since the start of 2020. Parras will join the Compass board on December 1.

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22 Sep 2023 08:01

Compass shakes up board positions as North American boss retires

(Sharecast News) - Catering giant Compass has announced that director Gary Green is retiring from the board later this year.

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28 Jul 2023 09:34

IN BRIEF: Unilever names Compass head as incoming chair

Unilever PLC - London-based consumer goods firm - Hires Ian Meakins to succeed incumbent Chair Nils Andersen, effective December 1. Andersen will step down at annual general meeting in May before Meakins joins board as non-executive director and chair designate on September 1.

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25 Jul 2023 17:05

Miners boost FTSE 100 on China recovery hopes; Unilever shines

Unilever up on Q2 sales beat

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25 Jul 2023 14:42

British caterer Compass leaves outlook unchanged, shares fall

July 25 (Reuters) - Shares in Compass Group fell 4% on Tuesday even after the firm maintained its annual outlook and reported a 15% jump in third-quarter organic revenues, as its update fell short of investors' hopes.

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25 Jul 2023 12:08

LONDON MARKET MIDDAY: Miners lift FTSE 100 as Fed meeting kicks off

(Alliance News) - Stock prices in London were largely higher at midday on Tuesday, with stimulus talks in China helping lift the mood, as attention turns to the US Federal Reserve which begins its two-day monetary policy meeting later.

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