Compass Group : Q3 2021 in line, Q4 2021 guidance encouraging on the margin
>Q3 2021 trading update in line with expectations - Compass published yesterday before opening a Q3 2021 trading update (April to June 2021) in line with estimates, of which organic growth of 36.4% (consensus +35%, ODDO BHF +41.4% est.), suggesting a sequential improvement of +4.5 points at 76% of 2019 sales in Q3 (vs 72% in Q2 2021) and which benefited from a very favourable comparison base (-43.5% in Q3 2020). The sequential improvement comes mainly from the sports ...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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