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UK's Compass posts 5.6 percent rise in full-year profit

Published 21/11/2017, 07:24
© Reuters.  UK's Compass posts 5.6 percent rise in full-year profit
CPG
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(Reuters) - Compass Group Plc (L:CPG), the world's biggest catering firm, reported a 5.6 percent rise in full-year profit on Tuesday, helped by steady growth in the United States.

Compass, which provides meals for office workers, armed forces and school children around the world, said operating profit rose 1.71 billion pounds, in the year ended Sept. 30, from 1.61 billion pounds.

The British company, which serves around 5 billion meals each year in more than 50 countries, said revenue rose 4.1 percent to 22.9 billion pounds.

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