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CMPGY Compass Group PLC (PK)

28.13
0.18 (0.64%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Compass Group PLC (PK) USOTC:CMPGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.18 0.64% 28.13 27.87 28.25 28.23 27.89 28.11 147,197 21:00:29

Compass Group 1st Half 2020 Pretax Profit Fell; Withdraws Full-Year Guidance

19/05/2020 8:04am

Dow Jones News


Compass (PK) (USOTC:CMPGY)
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By Anthony O. Goriainoff

 

Compass Group PLC said on Tuesday that pretax profit for the first half of fiscal 2020 fell after booking higher costs and that the company was withdrawing guidance for the year due to the coronavirus pandemic.

The U.K. catering contractor said pretax profit for the six months ended March 31 was 771 million pounds ($936.7 million) compared with GBP852 million for the first half of fiscal 2019.

Revenue was GBP12.48 billion compared with GBP12.32 billion the year before. The company said revenue was driven by organic growth offset by the negative effect of the virus.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

May 19, 2020 02:49 ET (06:49 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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