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Compass Group PLC (CPG.L)

CPG.L on London Stock Exchange

1,503.00GBp
20 Apr 2018
Change (% chg)

13.00 (+0.87%)
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Latest Key Developments (Source: Significant Developments)

Compass Group Says Q1 Organic Revenue Grew By 5.9 Pct
Thursday, 8 Feb 2018 02:00am EST 

Feb 8 (Reuters) - Compass Group Plc ::Q1 ‍ORGANIC REVENUE IN NORTH AMERICA INCREASED BY 8.2%​.‍ORGANIC REVENUE FOR FIRST THREE MONTHS TO 31 DECEMBER 2017 GREW BY 5.9%​.Q1 ‍IN EUROPE, ORGANIC REVENUE GREW BY 2.1%​.Q1 ‍GROWTH IN REST OF WORLD EXCLUDING OFFSHORE & REMOTE WAS 6.1%​.‍HAD A STRONG QUARTER AND OUTLOOK FOR 2018 IS POSITIVE​.‍EXPECT TO BE ABOVE MIDDLE OF ITS TARGET 4-6% ORGANIC GROWTH RANGE FOR FULL YEAR​.HAD NEGATIVE TRANSLATION IMPACT ON REVENUES AND PROFIT IN Q1 OF £288 MILLION AND £24 MILLION RESPECTIVELY​.  Full Article

Compass Group Expects Effective Tax Rate To Be Reduced To Around 24% In Year Ended Sept.30, 2018
Monday, 22 Jan 2018 02:24am EST 

Jan 22 (Reuters) - Compass Group Plc ::US TAX REFORM.‍PRELIMINARY VIEW IS THAT WE EXPECT GROUP'S EFFECTIVE TAX RATE TO BE REDUCED FROM 26.5% TO AROUND 24%,​.‍SEES GROUP'S CASH TAX RATE TO BETWEEN 19% - 22%, IN YEAR ENDED 30 SEPTEMBER 2018.​.‍NEW LAW WILL REQUIRE US TO REVALUE NET DEFERRED TAX ASSET RECOGNISED ON OUR US BALANCE SHEET BEFORE 30 SEPTEMBER 2018​.‍DO NOT EXPECT NEW LAW TO BE MATERIAL.​.‍UNCERTAINTY AROUND INTERACTION BETWEEN NEW FEDERAL TAX LEGISLATION AND TAX LEGISLATION AT STATE LEVEL WHICH COULD ALSO HAVE AN IMPACT.​.  Full Article

Compass proposes annual dividend up 5.7 pct
Tuesday, 21 Nov 2017 02:00am EST 

Nov 21 (Reuters) - Compass Group Plc ::‍PROPOSED ANNUAL DIVIDEND UP 5.7%.FY STATUTORY REVENUE ROSE 15.1 PERCENT TO 22.57 BILLION STG.UNDERLYING OPERATING PROFIT ‍EXPECTATIONS FOR FY2018 ARE POSITIVE, WITH GROWTH AND MARGIN IMPROVEMENT WEIGHTED TO SECOND HALF​ .FY REVENUE ‍22.9​ BILLION POUNDS VERSUS 22 BILLION POUNDS.FY UNDERLYING OPERATING PROFIT ‍1,705​ MILLION POUNDS VERSUS 1,614 MILLION POUNDS.  Full Article

Compass Group says FY revenue rose 15.1 pct
Tuesday, 21 Nov 2017 02:00am EST 

Nov 21 (Reuters) - COMPASS GROUP PLC ::FY REVENUE ROSE 15.1 PERCENT TO 22.57 BILLION STG.FY REVENUE ‍22.9​ BILLION POUNDS VERSUS 22 BILLION POUNDS.FY UNDERLYING OPERATING PROFIT ‍1,705​ MILLION POUNDS VERSUS 1,614 MILLION POUNDS.FY UNDERLYING OPERATING PROFIT ‍EXPECTATIONS FOR FY2018 ARE POSITIVE, WITH GROWTH AND MARGIN IMPROVEMENT WEIGHTED TO SECOND HALF​ MILLION POUNDS VERSUS 1,445 MILLION POUNDS.FY UNDERLYING OPERATING PROFIT ‍PROPOSED ANNUAL DIVIDEND UP 5.7%​ MILLION POUNDS VERSUS 1,445 MILLION POUNDS.  Full Article

Compass Group says Richard Cousins to step down as group CEO on March 31, 2018
Thursday, 21 Sep 2017 02:00am EDT 

Sept 21 (Reuters) - COMPASS GROUP PLC ::RICHARD COUSINS HAS DECIDED TO STEP DOWN FROM HIS ROLE AS GROUP CHIEF EXECUTIVE OFFICER ON 31 MARCH 2018.RICHARD COUSINS WILL BE SUCCEEDED BY DOMINIC BLAKEMORE, CURRENTLY CHIEF OPERATING OFFICER EUROPE.DOMINIC WILL BECOME DEPUTY CHIEF EXECUTIVE OFFICER ON 1 OCTOBER 2017.  Full Article

Compass Group Q3 organic revenue growth of 3.9 pct
Wednesday, 26 Jul 2017 02:00am EDT 

July 26 (Reuters) - COMPASS GROUP PLC ::ORGANIC REVENUE GROWTH IN Q3 WAS 3.9%.FULL YEAR EXPECTATIONS REMAIN POSITIVE AND UNCHANGED.NORTH AMERICA IS PERFORMING STRONGLY; SEES FURTHER PROGRESS IN EUROPE AND REST OF WORLD IN Q4.MARGIN EXPECTATIONS FOR FULL YEAR ARE ALSO UNCHANGED.  Full Article

Compass Group announces payment of special dividend of c.1 bln stg
Monday, 17 Jul 2017 05:39am EDT 

July 17 (Reuters) - Compass Group Plc :Payment of special dividend of c.1 billion stg.Today announces payment of special dividend of approximately 1 billion stg to shareholders.Terms used in this announcement but which are not otherwise defined shall have same meanings as set out in circular dated 15 May​.  Full Article

Compass Group updates on share consolidation
Thursday, 8 Jun 2017 02:00am EDT 

June 8 (Reuters) - Compass Group Plc :Following approval, share consolidation is expected to occur on 26 june and payment of special dividend is expected to occur on 17 july 2017.Share consolidation will consolidate every 26 existing ordinary shares of 10 5/8 pence each into 25 new ordinary shares of 11 1/20 pence each.  Full Article

Compass Group HY revenue rises; keeps FY outlook
Wednesday, 10 May 2017 02:21am EDT 

May 10 (Reuters) - Compass Group Plc ::H1 revenue rose 20.3 percent to 11.47 billion stg.Interim dividend up 5.7 percent to 11.2 penceper share.HY organic revenue growth of 3.6 percent.HY operating margin improved by 20 basis points.Full year expectations remain positive and unchanged.HY North America organic revenue growth of 7.1 percent, Europe up 1.6 percent.HY underlying operating profit £894 million, 5.2 percent on an organic basis.Remain committed to ongoing returns to shareholders with a proposed £1bn special dividend."Pipeline of new contracts is encouraging and our focus on organic growth, efficiencies and cash gives us confidence in achieving another year of delivery" - CEO.  Full Article

Compass Group keeps FY outlook unchanged
Thursday, 2 Feb 2017 02:00am EST 

Compass Group Plc : Agm and trading update . Organic revenue for first three months to 31 December 2016 grew by 2.8 pct . Continue to see strong levels of new business wins and good retention rates . Like for like revenues increased . Operating margin moved forward slightly .Our outlook for 2017 remains positive and unchanged.  Full Article

UPDATE 1-Compass Group sees better FY organic revenue growth, margins

Feb 8 Compass Group Plc, the world's biggest catering firm, said it expected full-year organic revenue growth to be at the higher end of its forecast, helped by continued strength in North America and better-than-expected performance in Europe.