Compass Group : 2023-24 off to a good start and confident tone on growth
>Good Q1 2023-24 figures, ahead of expectations - Compass’ Q1 2023-24 trading update (October to December 2023), issued before trading yesterday, beat expectations. The group posted organic growth of 11.7% (consensus +9.9%e, ODDO BHF +10.5%e), driven by all regions including North America (+11.3%), Europe (+13%) and RoW (+11.8%). Compass noted a pleasant surprise on volumes, particularly in business & industry, ahead of its expectations thanks to trends on returning t...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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