Edition:
United States

Compass Group PLC (CPG.L)

CPG.L on London Stock Exchange

1,582.00GBp
12:01pm EDT
Change (% chg)

-5.00 (-0.32%)
Prev Close
1,587.00
Open
1,593.00
Day's High
1,593.00
Day's Low
1,574.00
Volume
3,148,223
Avg. Vol
3,044,150
52-wk High
1,765.92
52-wk Low
1,350.96

Latest Key Developments (Source: Significant Developments)

Compass Group reiterates 2016 profit outlook
Wednesday, 11 May 2016 02:14am EDT 

Compass Group Plc : Excellent organic revenue growth of 5.8% . Restructuring plan announced in july 2015 on track to deliver expected savings . Excellent organic revenue growth of 5.8% . Free cash flow of £396 million, up 23% on h1 2015 . Underlying margin flat before restructuring costs . Proposed interim dividend up 8.2%, in line with constant currency EPS growth . Expectations for 2016 are positive and unchanged . Restructuring plan announced in july 2015 on track to deliver expected savings . Proposed interim dividend up 8.2%, in line with constant currency EPS growth . Expectations for 2016 are positive and unchanged . Our pipeline of new contracts is encouraging . Underlying revenue at £9.7 billion for the six months ended March 31, up 5.8 percent year on year . Incremental restructuring cost of around £50 million will be included in operating profit . H1 underlying operating profit rose 5.2 percent to 724 million stg .Interim dividend up 8.2 percent to 10.6 penceper share.  Full Article

UPDATE 1-Compass Group's long-time CEO Richard Cousins to step down

Sept 21 Compass Group Plc, the world's biggest catering firm, said long-time chief executive Richard Cousins would step down effective March 31 and would be succeeded by Dominic Blakemore, currently chief operating officer for Europe.