Compass relies on outsourcing clients for growth, share buyback ...

Nov 20, 2023 · Compass relies on outsourcing clients for growth, share buyback announced ... aiming to repurchase £410 million worth of shares in 2024 was confirmed, while the group has …

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Compass Relies On Outsourcing Clients For Growth, Share Buyback ...

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Nov 20, 2023 · Compass relies on outsourcing clients for growth, share buyback announced ... aiming to repurchase £410 million worth of shares in 2024 was confirmed, while the group has …

proactiveinvestors.co.uk

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Half-year Results Announcement For The Six Months Ended

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a further share buyback of up to £750m Half-year highlights • Strong organic revenue growth of 25% with excellent net new business of 5.2% - First-time outsourcing trends continue, …

compass-group.com

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Compass Group Set To Continue Strong Growth On The Back Of …

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Oct 4, 2024 · In that time, Compass expanded its industry-leading market share to 15% with over 50% of new growth from first-time outsourcers. This trend is likely to continue, although likely …

morningstar.com

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Compass Raises FY23 Guidance And Further Share Buyback Of Up To …

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May 10, 2023 · – Maintaining strong client retention rate · Operating profit over £1bn and operating profit margin of 6.6%, up 80bps · Strong cash generation, net debt to EBITDA …

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Ii View: Compass Dividend Up 60% Plus New Share Buyback

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May 10, 2023 · Global catering giant Compass Group (LSE:CPG) today raised its full-year estimates as both half-year revenues and earnings beat City forecasts. Adjusted sales growth …

ii.co.uk

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Compass Raises Profit Forecast And Lifts Buyback By £750 Million

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May 10, 2023 · Shore Capital analyst Greg Johnson reiterated his Buy recommendation on the shares after first-half operating profit beat his forecast by £100 million and said he expects …

sharesmagazine.co.uk

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Full Year Results Announcement For The Year Ended 30 …

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Organic growth of 37.5%1 reflected the reopening of sectors, with like-for-like volume growth of approximately 24%, the strong impact of winning and retaining business, with net new …

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Compass Launches Fresh Share Buyback, Lifts Dividend

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Nov 20, 2023 · The return to shareholders follows a 750 million-pound ($934.6 million) share buyback completed this month. The board raised the dividend payout to 43.1 pence a share …

morningstar.com

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Compass Group Announces Strong Half-year Results

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– Maintaining strong client retention rate • Operating proﬁt over £1bn and operating proﬁt margin of 6.6%, up 80bps • Strong cash generation, net debt to EBITDA reduced to 1.1x • …

fmbusinessdaily.com

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Compass Group Annual Report 2023 - Compass Group Corporate …

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Underlying free cash flow increased to £1,241 million in 2023 representing a conversion rate of 58.5% of underlying operating profit. Underlying basic earnings per share 1. 86.1p. Earnings …

compass-group.com

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Compass Group Completes $500 Million Share Buyback

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TipRanks. Oct. 21, 2024, 12:11 AM. Compass (GB:CPG) has released an update. Compass Group PLC has repurchased 61,938 of its ordinary shares as part of a $250 million share …

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Investment Case | Compass Group - Compass Group Corporate …

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Outsourcing is growing. The addressable global food services market is worth at least $300 billion, of which Compass has less than 15% market share. This provides us a significant …

compass-group.com

FAQs about Compass relies on outsourcing clients for growth, share buyback ... Coupon?

Will Compass Group repurchase £410 million shares in 2024?

Compass Group PLC (LSE:CPG), the catering service company, dished out a strong set of results on Monday, serving up additional cash returns for shareholders, analysts at Hargreaves Lansdown revealed. A new share buyback programme aiming to repurchase £410 million shares in 2024 was confirmed, while the group has proposed a final dividend of 28.1p. ...

Does Compass have a share buyback programme?

Compass announced a further £250mn share buyback programme for the first half of next year, adding to £500mn in buybacks between May and November this year. Copyright The Financial Times Limited 2024. ...

Why does Compass need a growth strategy?

As the trend towards outsourcing continues, it is crucial to Compass’ growth strategy that we continue to delight our clients and consumers with innovative, healthy and exciting food service solutions. ...

Will Compass Group plc continue to serve up tasty returns?

Ahead of Compass Group PLC's (LSE:CPG) final results, analysts have been salivating about the catering giant's ability to continue serving up tasty returns for years to come, but some investors seem t... Compass Group PLC (LSE:CPG) shares rose 1.7% on Tuesday and analysts at Bank of America think there is more to come. ...

Is compass a good choice for a new business?

Derren Nathan, at Hargreaves Lansdown PLC (LSE:HL.), said: “This was reflected in the fact that 50% of the £2.7bn of new business won over the year came from customers dipping their toes into outsourcing for the very first time. “Compass is the market leader but with a share of less than 15% and 50% self-operated there’s a lot to go for. ...

How does Compass invest?

Compass is a strong cash-generating business with a clear capital allocation model. We invest both organically and through acquisitions to drive growth. Our policy is to pay around 50% of underlying earnings through an ordinary dividend, with further additional shareholder returns when appropriate. ...