Compass Group : In line FY 2022-23 results, encouraging FY 2023-24 outlook (pretty neutral on consensus adjustments)
>FY 2022-23 results in line with expectations, stable retention rate at >96% - Compass released FY 2022-23 results that are in line with expectations. Sales came in at £ 31.3bn (+21.4% in reported, consensus £ 31.4bn) with organic growth of 18.8%, in line with the consensus at 18.5%, supported by a still very strong retention rate of 96.5% (vs 96.4% in FY 2022) and net new business of +4.6%, above the historical range of +2/3%. Underlying EBIT amounted to £ 2,122m for...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.