Compass Group : Trading update reflects deepening loss of sales, efforts to preserve liquidity and the balance sheet
>H1 sales broadly in line with initial estimates - Compass yesterday issued a trading update, providing the latest on the impacts seen in the context of the COVID-19 pandemic and the lockdowns implemented in several countries as a result. In H1 2019-20 (October 2019 to March 2020), Compass posted organic growth of around 1.6%, in line with the full-year outlook previously announced on 17 March, i.e. 0-2%, which suggests a decline of about -20%e in March after +5% in t...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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