Compass upgrades revenue outlook as H1 profits surge

11th May 2022 07:33

(Sharecast News) - Catering group Compass posted a jump in first-half operating profit and revenue on Wednesday, lifted its revenue guidance and announced the launch of a £500m share buyback as it hailed strong growth across all sectors.

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Morgan Stanley sounds 'positive' note on Compass Group

27th Apr 2022 10:38

(Sharecast News) - Analysts at Morgan Stanley sounded a 'positive' note on the outlook for Compass Group, telling clients that the catering services outfit was likely to beat its full-year guidance for organic sales growth.

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Compass Group makes 'encouraging start' to year, shares up

3rd Feb 2022 07:40

(Sharecast News) - Shares in foodservice company Compass Group rallied on Thursday after the firm said it had experienced an "encouraging start" to the year, driven by continued improvement across all sectors.

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Compass Group FY profits grow despite revenue contraction

23rd Nov 2021 09:12

(Sharecast News) - Foodservice company Compass Group said on Tuesday that both underlying and statutory operating profits had grown in 2021 despite reporting a reduction in revenues.

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Compass Group taps Palmer Brown for CFO

4th Oct 2021 09:08

(Sharecast News) - Foodservice company Compass Group revealed on Monday that chief financial officer Karen Witts will step down from the role at the end of October.

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Compass beats Q4 guidance as sports and leisure thrive

21st Sep 2021 07:06

(Sharecast News) - Compass said fourth-quarter performance was ahead of guidance as diners returned to sports and leisure venues and schools and colleges reopened.

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Compass Q3 revenue growth, margins up on improved demand

29th Jul 2021 08:19

(Sharecast News) - Global catering specialist Compass Group on Thursday said it expected trading to be around 80% - 85% of pre-Covid-pandemic levels in the fourth quarter as its larger markets reopened.

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Wednesday broker round-up

21st Jul 2021 11:56

(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.

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Jefferies upgrades catering groups Compass, Sodexo to 'buy'

21st Jul 2021 09:38

(Sharecast News) - Jefferies upgraded catering groups Compass and Sodexo on Wednesday to 'buy', from 'hold' and 'underperform' respectively, as it argued that the risk/reward was now more favourable.

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Tuesday broker round-up

18th May 2021 14:00

(Sharecast News) - BP: Barclays upgrades to top pick with a target price of 475p.

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Thursday broker round-up

13th May 2021 13:08

(Sharecast News) - Hargreaves Lansdown: Numis downgrades to add with a target price of 2,019p.

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Compass sees Q3 margin improvement as interims slump

12th May 2021 07:01

(Sharecast News) - Catering giant Compass said it expected a gradual recovery in third quarter margins after interim profits and revenue slumped due to the coronavirus pandemic.

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Thursday broker round-up

6th May 2021 13:43

(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.

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Friday broker round-up

26th Mar 2021 13:40

(Sharecast News) - Ocado Group: Berenberg downgrades to hold with a target price of 2,390p.

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Compass profitability improves as volumes stay subdued

25th Mar 2021 07:02

(Sharecast News) - Compass Group said profitability improved in the second quarter while volumes stayed subdued because of the Covid-19 crisis.

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