Analyst Views: Did Compass’ results cater to your forecasts?

 
Kasmira Jefford
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KEITH BOWMAN HARGREAVES LANSDOWN

Compass has again delivered solid results. New business wins combined with restructuring initiatives for its European business have helped drive performance. The firm’s cash generative nature remains highly evident, enabling both a double digit dividend increase and the announcement of a further share buy-back.

WYN ELLIS NUMIS

“We believe that the outlook for further good organic revenue and margin growth is encouraging. With the shares at an all time high, and given a strong recent relative performance, we expect the shares to at best consolidate as the market takes on board the currency translation headwinds.

KARL BURNS PANMURE GORDON

“Following a strong performance from the Compass share price and strong set of results today, we believe it could be time to take profits in Compass. With the valuation approaching 10 year highs and organic growth set to slow moving into 2014...we believe the stock valuation is up with events.

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