Compass Group : Excellent 2022 release and growth factors in excellent shape ahead of 2023
>Compass continues to perform well on its growth drivers, new share buyback programme - Compass’ FY 2022 results, reported yesterday, were solid, 3% ahead of expectations at the EBIT level. We particularly note the very high retention rate of 96.4% at the group level (+100bp), in both North America (97.1%) and Europe (95.3%) as well as its strong commercial development (£ 2.5bn in 2022 vs £ 1.9bn in 2019), which are very encouraging indicators ahead of 2023.With...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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