Compass Group Share News (CPG)

Compass hikes dividend after solid growth across the board

(Sharecast News) - Catering giant Compass has hiked its final dividend by 27% after annual profits surged on the back of strong sales growth and margin improvement - though it predicts a substantial slowdown in organic growth in the coming year.

LONDON BROKER RATINGS: Deutsche likes Compass; Numis cuts Elementis

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

UK earnings, trading statements calendar - next 7 days

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.

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.

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.

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.

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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

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.

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

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

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.

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.

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.

Miners boost FTSE 100 on China recovery hopes; Unilever shines

Unilever up on Q2 sales beat

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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.