4th Feb 2016 - 08:38
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Abstract
In the first three months to December 31st 2015, organic revenue grew 5.9% at Compass Group, with new business wins and good retention rates in the UK market.
In Europe, organic revenue grew by 3.6%, driven by a continuation of the trends seen in the past twelve months. The group’s like for like revenues increased, driven by modest pricing and some volume improvement.
Compass report that the restructuring programme in the Offshore & Remote sector and in some emerging markets is progressing well and is on track to deliver the expected savings.
North America grew organic revenues by 7.9%, driven by growth in technology within Business & Industry, new wins in Healthcare & Senior Living, and a good performance in its Sports & Leisure business.
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