Compass H1 revenue 25.0 bln usd, up 11%; organic growth 7.2%
(Il Sole 24 Ore Radiocor) - Milano, 11 mag - The UK catering group Compass said that in the first half ended March 31 revenue rose 11% to 25.0 billion dollars. Organic growth stood at 7.2%.
Underlying operating profit rose 12% at constant exchange rates to 1.839 billion dollars. Underlying earnings per share also rose a currency-neutral 12% to 72.8 US cents.
Free cash flow rose 11% to 825 million dollars.
Compass declared an interim dividend per share grew 13% to 25.5 US cents.
The company raised its full year underlying operating profit growth guidance to above 11% at constant exchange from around 10%, driven driven by organic revenue growth of around 7%, around 2% profit growth from M&A and ongoing margin progression "Longer term, we remain confident in sustaining mid-to-high single-digit organic revenue growth, ongoing margin progression and profit growth ahead of revenue growth," the.
company said.
(RADIOCOR) 11-05-26 08:37:00 (0118) 5 NNNN