Report
Michael Field
EUR 101.80 For Business Accounts Only

Growing demand for corporate outsourcing will support longer-term opportunities for Compass.

Compass Group’s full-year results were broadly in line with our expectations while coming in ahead of our estimates on the revenue line, mainly due to a favourable translational effect of weaker sterling. We are maintaining our GBX 1,570 fair value estimate and narrow moat rating for the group.
The 4% organic growth was driven by North America, at 7% organic growth, the result of new business wins (Costco, Qualcomm, Cleveland Clinic, University of Houston, among others) and a high retention rat...
Underlying
Compass Group PLC

Compass Group is engaged in providing outsourced food and support services. The five sectors in which Co. operates are: Business & Industry, which provides food for employees during their working day; Healthcare & Seniors, which helps hospitals in the public and private sectors manage and enhance quality of food and support services; Education, which provides dining solutions from kindergarten to college; Sports & Leisure, which provides hospitality and service at sporting and leisure venues, exhibition centers, visitor attractions and events; and Defence, Offshore & Remote, which provides food and support services to companies in the oil and gas and mining and construction industries.

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

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch