Report
Johanna Jourdain ...
  • Matthias Desmarais

Compass Group : Good 2018 earnings release, 2019 adjustments supported by recent forex trends

>Much faster top-line growth in Q4 - Compass’ 2018 earnings (5.5% organic growth) show a marked acceleration in growth in Q4 2017/18, to +6.8%e after +5.1% over 9M, thanks to North America at +9.7%e (Business, Health, Sports & Leisure, etc.) and Europe (+4.3%e), with a good level of signatures in France, Germany and the UK. This faster pace in Q4 in North America was fuelled to the tune of +1.0/1.5% by one-off events (calendar, weather), i.e. organic growth of around ...
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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