Compass 3Q 2019 Organic Revenue +6.3%; Sees Fiscal Year at Top End of Range
25 Julho 2019 - 3:55AM
Dow Jones News
By Ian Walker
Compass Group PLC (CPG.LN) said Thursday that organic revenue
grew 6.3% in the third quarter driven by a strong North America,
and that it now expects to deliver full-year growth at the top of
its 4%-6% range.
The support-services company said a better-than-anticipated
margin improvement in rest of world and the mix effect of North
American growth is offsetting the more difficult volume environment
in Europe.
North America organic revenue grew 8.5% in the quarter. Growth
in Europe was 1.9% and 3.2% for the rest of the world.
Compass said it remains mindful of the macro uncertainty in
parts of Europe and its impact on the business but continues to
expect further revenue, margin and profit growth combined with
further returns to shareholders over time.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
July 25, 2019 02:40 ET (06:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Compass (LSE:CPG)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Compass (LSE:CPG)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024
