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Compass Group H1 Pretax Profit Rises; Organic Revenue Growth At 8.5%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Compass Group (CPG.L) reported first-half profit before tax of $1.28 billion compared to $1.19 billion, last year. Earnings per share, in cent, was 54.1 compared to 50.4. Underlying operating profit increased by 11.6% on a constant-currency basis, to $1.63 billion. On a constant-currency basis, underlying basic earnings per share, in cent, increased by 10.6% to 64.5 from 58.3.

On a statutory basis, first-half revenue increased by 8.8% to $22.57 billion. Organic revenue growth was 8.5%.

For 2025, the company continues to expect high single-digit underlying operating profit growth driven by organic revenue growth above 7.5% and ongoing margin progression.

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