Compass makes good start to year
The group, which counts London's O2 arena, Amazon.com and the Super Bowl among its clients, reported first quarter revenue growth, excluding acquisitions, of 5.5 per cent on Thursday as it benefited from new business wins in both its food and support services business.
Compass, which serves four billion meals each year in over 50 countries, said it was encouraged by the level of new business opportunities it was seeing.
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Hide AdThe group also said its ongoing efficiency programme had enabled it to deliver a further improvement in its operating margin, in line with its expectations.
Compass also said it was looking to make bolt-on acquisitions to take advantage of opportunities in both developed and emerging countries.