Compass Group raised its full-year profit outlook after reporting 'another very strong half,' with operating profit up 12% and organic revenue growth a little above 7%. The update points to continued underlying strength in the business and improved near-term earnings momentum. Management’s revised guidance is likely to support the shares, though the news is company-specific rather than sector-wide.
Compass Group raised its full-year profit outlook after reporting 'another very strong half,' with operating profit up 12% and organic revenue growth a little above 7%. The update points to continued underlying strength in the business and improved near-term earnings momentum. Management’s revised guidance is likely to support the shares, though the news is company-specific rather than sector-wide.
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strongly positive
Sentiment Score
0.72
