MARKET TALK: Compass Group 3Q Sales Firm, Margin Outlook Weak

28th Jul 2010 08:19

0719 GMT [Dow Jones] Compass Group's (CPG.LN) strong organic sales growth at the 3Q stage is likely to be sustained, suggesting a 5%-to-7% revenue growth rate in the medium term, says Shore Capital analyst Greg Johnson. However, a weaker-than-expected margin projection may disappoint the market, Johnson says. Buy rating. Shares +1.7% at 567p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 28, 2010 03:19 ET (07:19 GMT)