By Ian Walker 
 

Compass Group PLC (CPG.LN) said Thursday that third-quarter organic revenue grew 5.7%, boosted by strong new business in North America, an acceleration in Europe and good progress in the rest of the world.

The contract catering company said that its full-year expectations remain unchanged with organic growth above the middle of its 4% to 6% range, and modest margin progression.

"Looking to the longer term, we continue to be excited about the significant structural market opportunity globally and the potential for further revenue growth, margin improvement and continued returns to shareholders," the company said.

 

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

July 26, 2018 02:41 ET (06:41 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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