Year to date organic revenue growth was 21%, benefiting from excellent client retention of 96.7%, balanced net new business growth of 5%, appropriate pricing of 7% and strong like-for-like volume growth of 9%.
A spokesperson said: “Outsourcing trends remain strong and are contributing to an exciting pipeline of new business opportunities across all our regions. Whilst inflation remains elevated, we are making margin progress by mitigating cost pressures, pricing appropriately and benefiting from operational leverage.”
Compass Group PLC generated annual revenues of £25.8 billion in the year to 30th September 2022. It serves meals to millions of people and employs and engages with over 500,000 people.
The company specialises in providing food and a range of support services across the core sectors of business & industry, healthcare & senior living, education, sports & leisure, and defence, offshore & remote, with an established brand portfolio.