Report
Michael Field
EUR 147.86 For Business Accounts Only

Robust Full-Year Results for Compass Despite Headwinds

Compass Group’s full-year results were in line with our expectations on the operating profit and EPS lines, while coming in slightly ahead of our expectations on the revenue line, with strong organic growth of 5% in 2016. We do not expect to make any changes to our GBX 1,390 fair value estimate, nor to our narrow moat rating for the company. We believe the shares are currently fairly valued.
This 5% organic growth was driven by North America, the company’s flagship market, which continued to lea...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Field

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