Report
Johanna Jourdain ...
  • Matthias Desmarais

Compass Group : A capital increase that illustrates the (very) slow recovery to be expected in the sector

>A capital increase that keeps control of the debt lever… - Compass announced yesterday, alongside its H1 2020 results, a £ 2bn capital increase (around 11% of the market capitalisation) at a price of 1,025p per share (discount of 11% vs the previous day’s closing price). This capital increase is justified mainly by the reduction in the debt lever and the securing of liquidity in an environment that presents uncertainties, notably concerning the speed of the recovery ...
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
Oddo BHF
Oddo BHF

​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.

Analysts
Johanna Jourdain

Matthias Desmarais

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