28th Jul 2016 - 08:49
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Abstract
Compass Group’s organic revenue grew by 5.2% in the third quarter, with organic revenue in Europe growing by 3.7%.
The company reports that growth has been driven by new business wins and good retention across all regions.
In Europe the group has been able to invest in sales and retention, and margins have increased slightly in the nine months to June 30th 2016.
However, Compass stated that while the group is pleased with the recovery in Europe, the macroeconomic outlook has become increasingly uncertain.
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