Compass Group shares sink as business catering unit is undercooked November 26, 2019 Compass Group, which provides meals for office workers, armed forces and school children across the globe, has warned deteriorating business and consumer confidence in Europe has hurt volumes and margins at its company catering unit. The London-listed firm’s shares sank 5.5 per cent this morning, despite growth in its North America division and in its [...]
Concerns of ‘overboarding’ spark shareholder backlash against Compass non-exec February 8, 2019 A non-executive at FTSE 100 food company the Compass Group sparked a shareholder backlash at its annual general meeting today over concerns she holds too many roles. Twenty two per cent of the votes cast on whether Ireena Vittal should be re-elected to the company’s board went against her. Read more: Compass shares near all-time high [...]
Mark Kleinman: Come in Houston, just as UK audit reforms bite December 14, 2018 Talk about a hospital pass. Richard Houston, Deloitte’s consulting chief, might be forgiven for feeling a bit like Theresa May this week. Houston’s is the solitary name on a ballot open to partners at the Big Four accountancy firm’s UK operation as it seeks to elect a successor to David Sproul, its chief executive for [...]
Shares jump as caterer Compass points north despite pressures from UK business November 20, 2018 Shares in Compass Group have jumped up this morning after the company showed good revenue and profits for the full year. The figures The caterer’s underlying revenues rose 5.5 per cent to £23.24bn in the 12 months to October, it said. Meanwhile a 2.3 per cent rise profit before tax jumped to 7.3 per cent [...]
Compass gives back £1bn to shareholders May 14, 2014 COMPASS, the world’s biggest catering firm, announced yesterday that it would return £1bn to shareholders through a special dividend, after strong business gains in North America helped push first-half profits up 5.7 per cent. The UK company said that adjusted pre-tax profit for the six months to 31 March rose to £608m. On top of [...]