2nd Feb 2017 - 08:36
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Abstract
Compass Group’s organic revenue for the first three months to December 31st 2016 grew by 2.8%.
The company reports ‘strong levels’ of new business wins and ‘good’ retention rates in the company’s latest trading update issued this morning. Like-for-like revenues increased ‘modestly’.
Organic revenue in North America increased by 7% with Compass performing well in business & industry, vending and higher education sub-sectors. In Europe, organic revenue was flat and is expected to perform stronger in the second half of the year.
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