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(CPG) Compass Group General Share Chat

Discussion in 'General Share Chat' started by Microem1, Nov 6, 2015.

  1. Microem1

    Microem1 Administrator

    (CPG) Compass Group General Share Chat
  2. Mongoose82

    Mongoose82 A Legendary Member

    Read Panmure Gordon & Co's note on COMPASS GROUP PLC (CPG), out this morning, by visiting https://www.research-tree.com/company/GB00BLNN3L44

    "Compass has released a solid trading for the first half of the year with Organic revenue growth of 5.8% (similar run rate to 2015 and Q1) driven by new business and good retention rates. Like for Like was positive, reflecting modest pricing and some volume improvement. However, reported margin was down - 10bps due to the previously announced restructuring costs with underlying margin flat; however, this should recover in 2H. Outlook remains ‘positive and unchanged’ and we do not expect to make any significant changes to our ..."

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