Compass Group : Solid Q1 in organic terms, confident tone for 2019 but already fully valued
>Solid start to the year, organic growth of +5.5% in adjusted terms - Compass issued a good Q1 2019 trading update yesterday, with organic growth of +6.9%. Adjusted for one-offs (i.e. start-up of defence contracts in the UK and a favourable sporting events schedule), organic growth came to +5.5% in Q1, a still-solid performance, particularly as the defence contracts (stripped out on an adjusted basis) will again have a positive impact on the group’s growth in Q2 (they...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.