Compass ups full-year outlook on strong quarter

23rd Jul 2024 07:01

(Sharecast News) - Catering giant Compass Group boosted its full-year guidance on Tuesday, following a bumper third quarter.

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London close: Stocks fall as UK service sector slows

21st Jun 2024 16:17

(Sharecast News) - London stocks ended the week on a negative note after data revealed an unexpected slowdown in the UK service sector's growth for June.

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Compass to repurchase up to $250m worth of shares

21st Jun 2024 08:37

(Sharecast News) - Compass Group announced an agreement to repurchase up to $250m (£196.7m) of its ordinary shares on Friday.

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London close: Stocks fall amid renewed global jitters

13th Jun 2024 15:52

(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.

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London close: Stocks green as US inflation comes in cooler

15th May 2024 15:00

(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.

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Compass lifts full-year outlook after strong first half

15th May 2024 07:23

(Sharecast News) - Food and support service provider Compass Group raised its full-year guidance on Wednesday, after reporting an 11.2% increase in first-half revenue to $20.9bn, alongside an 18.7% surge in operating profit to $1.47bn.

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London close: Stocks slip as US jobless claims fall

8th Feb 2024 14:42

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

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Shore Capital sees upside risk at Compass after strong Q1

8th Feb 2024 10:05

(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Compass Group after a first-quarter trading update from the catering giant on Thursday, saying trading is tracking ahead of full-year assumptions.

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Compass delivers strong Q1 with double-digit growth across the board

8th Feb 2024 07:13

(Sharecast News) - Catering giant Compass said it delivered a strong start to its financial year with organic revenue growth currently running ahead of full-year guidance.

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London close: Stocks maintain gains on fresh UK optimism

22nd Jan 2024 17:30

(Sharecast News) - London markets finished with a positive performance on Monday, following the lead of Wall Street's strong gains towards the end of the previous week.

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Cater Compass Group in advanced talks to buy rival CH&Co

22nd Jan 2024 07:33

(Sharecast News) - Caterer Compass Group confirmed on Monday that it has agreed to buy rival CH&CO in a £475m deal.

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London close: Stocks manage gains after deluge of updates

18th Jan 2024 15:14

(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.

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Broker tips: Compass, Marston's, Ocado, Hochschild

14th Dec 2023 13:03

(Sharecast News) - JP Morgan upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.

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JP Morgan upgrades Compass and Marston's to 'overweight'

14th Dec 2023 10:48

(Sharecast News) - JP Morgan has upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.

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Berenberg slightly lowers target price on Compass

12th Dec 2023 07:17

(Sharecast News) - Analysts at Berenberg lowered their target price on contract food service company Compass Group from 2,385.0p to 2,320.0p on Tuesday but said its "strong operating profit growth" looked set to continue.

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