Report
Johanna Jourdain ...
  • Matthias Desmarais

Compass Group : Q1 20 trading update slightly above expectations, FY2020 outlook unchanged and facing weaker volumes in Europe as anticipated

>Q1 2020 trading update slightly higher than expected - Compass issued a Q1 2020 trading update with organic growth of 5.3%, slightly beating the consensus at +5.0% (ODDO BHF: 5.2%e), buoyed by North America, which is still very solid, whereas Europe is suffering as expected from lower volumes in the business & industry segment.By region, North America posted impressive organic growth of +7.5% (vs consensus +6.9%e, ODDO BHF 6.5%e), buoyed by the business & indust...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch