Efficiency drive boosts Compass margins
31st Mar 2010 07:02
Catering giant Compass said it has had a good first half, with efficiency measures helping to improve margins in the face of sluggish revenues in many markets. The company, which provides catering for schools, businesses and hospitals, said revenue is expected to be broadly flat compared with the s
Read moreWednesday preview: Compass Group, Dairy Crest, Enterprise Inns
30th Mar 2010 14:12
There is a marked food theme to this week's company results, and Wednesday is no exception, with Compass Group, Dairy Crest, Hilton Food and Tate & Lyle all expected to make announcements. Compass Group releases its pre-close trading update on the last day of the month and the market will be intere
Read moreWeek Ahead: Compass Group, Dairy Crest, Tate & Lyle
26th Mar 2010 11:49
A number of food companies are bringing out figures next week which, coincidentally, is the last week of Lent, a period in which many Christians traditionally forgo rich foods. Pizza delivery firm Domino's Pizza, dairy firms Robert Wiseman and Dairy Crest, caterer Compass Group, M&S food supplier
Read moreLondon close: Glum faces as stocks slide
8th Dec 2009 16:40
A weak start on Wall Street and serious concerns about Greece's public finances and Dubai's debt restructuring ensured London ended deep in the red Tuesday. Fears over the solvency of Greece reached new levels after Fitch downgraded its outlook on the country by one rating to 'negative'. Fellow rat
Read moreLondon close: Footsie at one-week high
25th Nov 2009 16:06
Welcome results from Compass and investors' insatiable appetite for mining stocks helped London's blue chip index finish the session near the top of the day's range. A small improvement to the third quarter gross domestic product figure brought some relief. The Office of National Statistics said th
Read moreFTSE 100 movers: Compass lifted by margin gains
25th Nov 2009 15:12
Contract caterer Compass saw little growth in revenue when it declared full year results this morning, but pre-tax profit still showed a healthy rise on the back of a strong improvement in margins and currency gains. Pre-tax profit came to £773m, up from £566m last year, on sales of £13,444m, up 1
Read moreLondon afternoon: Compass leads London north
25th Nov 2009 14:01
A marginal improvement to the third quarter gross domestic product figures has lifted spirits in London, overshadowing some mixed corporate updates. The Office of National Statistics (ONS) said the UK economy shrank less than previously estimated in the third quarter, contracting by 0.3% between J
Read moreLondon midday: Footsie maintains lead
25th Nov 2009 12:09
Stocks are steady at lunchtime Wednesday as miners remain firmly on the front foot, while bid speculation is behind big gains at International Power. The hot money is on International Power at the moment, with investors betting that French utility GDF Suez will bid £6bn, or 400p-a-share, for the el
Read moreLondon open: Good gains as miners rally
25th Nov 2009 08:43
Footsie has posted good gains in early dealings, despite a lower finish on Wall Street last night. Miners are again behind the rise, with an end to the brief rally by the dollar sending buyers in search of alternatives. Second liners Randgold and Kazakhmys are leading the way, but the gains are pre
Read moreLondon pre-open: Strong start expected
25th Nov 2009 07:36
Footsie is expected to post good gains in early dealings, despite a lower finish on Wall Street last night. Contract caterer Compass Group saw little growth in revenue when it declared full year results this morning, but pre-tax profit still showed a healthy rise on the back of a strong improvement
Read moreCompass grows profit despite flat sales
25th Nov 2009 07:03
Contract caterer Compass Group saw little growth in revenue when it declared full year results this morning, but pre-tax profit still showed a healthy rise on the back of a strong improvement in margins and currency gains. Pre-tax profit came to £773m, up from £566m last year, on sales of £13,444m
Read moreWednesday preview: Compass, UU, Johnson Matthey, GDP
24th Nov 2009 17:35
Contract caterer Compass Group is expected to show little or no like for like growth in revenue when it declares full year results on Wednesday, but pre-tax profit is still expected to show a healthy rise on the back of a strong improvement in margins and currency gains. Market consensus is for pr
Read moreBroker tips: Compass, Autonomy, miners
5th Oct 2009 11:04
Charles Stanley has gone into more detail about its reasons for its ratings downgrade of contract caterer Compass Group last week following the company's September 29 trading update. The broker shifted from 'strong buy' to 'buy' as the stock approached the 400p price target, and still thinks the s
Read moreBroker snap: Compass still on the menu
5th Oct 2009 11:00
Charles Stanley has gone into more detail about its reasons for its ratings downgrade of contract caterer Compass Group last week following the company's September 29 trading update. The broker shifted from 'strong buy' to 'buy' as the stock approached the 400p price target, and still thinks the s
Read moreWednesday tips round-up: Compass, Moss Bros, Close Brothers
30th Sep 2009 06:45
Caterer Compass shares trade on a 2009 price earnings rating of 12.7 times, and offering a dividend yield of 3.7%, there are certainly better value stocks around, but Compass is a core holding; an investment to add to the portfolio and not worry about. Investors should take the chance to stock up. B
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