Archive of all Compass Group articles
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Compass Group bolstered by resurgent leisure and tourism markets
Workers returning to the office and resurgent leisure and tourism bolstered the first-half profits and share price of catering giant Compass Group
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Media Bites 11 May: John Lewis, Brexit, Compass Group
The confidence vote at John Lewis yesterday generates lots of headlines this morning as the retailer’s partnership council delivers its verdict on chairman Dame Sharon White.
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City snapshot: Compass lifts full-year profit outlook as pandemic recovery continues in first half
Workers returning to the office have helped Compass boost first-half profits past £1bn as the catering giant continued its recovery from the pandemic
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City snapshot: Compass Group accelerates ahead of pre-pandemic trading
Profits have soared at catering giant Compass as annual revenues surpassed pre-Covid levels and the business completed its recovery from the pandemic. Plus, Real Good Food secures new funding to supoort turnaround; and
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Compass Group is ‘a stock you have to own’ as new business opportunities open up
Compass Group shares were hammered during the pandemic, but the catering giant was back on the front foot this week
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City snapshot: Compass Group raises growth forecast as outsourcing picks up
Catering giant Compass Group has hiked its full year growth forecasts after getting back to pre-Covid sales levels at the end of its first half
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City snapshot: Compass Group makes global net zero commitment
Catering giant Compass Group has announced a new commitment to reach net zero greenhouse gas emissions across its global operations and supply chain by 2050
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City Snapshot: C-stores boosted by return of pre-Covid shopping habits
A gradual shift to pre-pandemic shopping behaviour has delivered a boost to the UK’s convenience store market, according to the latest monthly data from NielsenIQ. Plus, a fourth quarter trading update from Compass Group, and full-year results from Real Good Food.
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Morrisons’ largest investor Silchester publicly rebukes £6.3bn Fortress offer
Silchester International Investors, which holds a 15.1% holding in Morrisons, said in a statement that it was “not inclined” to support the existing offer from Fortress.
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City Snapshot: Margins improve at Compass Group despite revenue slump
Compass has announced a continued improvement in profit margins despite an ongoing slump in revenues as the coronavirus outbreak continues to hit sales across its business.
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Wholesalers warn against ‘knee-jerk’ reaction to free school meals boxes controversy
The scandal erupted this week when parents began sharing what appeared to be images of sub-standard boxes across social media
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City snapshot: Compass Group issues coronavirus-driven profits warning
Global catering giant Compass Group expects the spread of the coronavirus to hits its bottom line by up to 30% and reduce profits by £225m. Plus, The British Honey Co will use excess capacity to produce alcohol sanitisers, Bakkavor completes £455m refinancing and all the rest of the latest news from the City.
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City snapshot: US growth drives Compass Group’s first quarter sales
Catering giant Compass Group has posted a rise in first quarter revenues, driven by strong performance in North American and new business wins. Plus, trading updates from Tate & Lyle and Stock Spirits, while AB InBev’s leadership team shaken up.
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Compass Group annual profits rise 7% despite UK margin pressures
Food service giant Compass Group reported a 5.5% jump in full year organic sales to £23.2bn.
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Compass Group shares slide on profits drop
Compass Group has reported a “strong” first-half but subdued trading on the Continent offset good growth in the UK.
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Compass UK barista academy set up to drive up coffee quality
Applications are now open to all baristas in the company, with the chance to win the title of master barista
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Compass Group CEO Richard Cousins dies in plane crash
Dominic Blakemore takes over at Compass following Australia tragedy
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City snapshot: Strong North American growth boosts catering giant Compass Group
FTSE 100 catering giant Compass Group (CPG) has announced a 4% rise in organic revenues as a strong performance in North America underpinned growth. Plus, Tesco and Booker shares rise again and all the rest of this morning’s news from the City
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Compass launches mental health awareness campaign
The catering company has introduced 90 wellbeing ambassadors selected from across the business to raise awareness
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North America boosts annual results for Compass Group
FTSE 100 catering giant Compass Group has reported to 5% boost to annual organic revenues. Plus all the rest of today’s news from the City …