ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

CPG Compass Group Plc

2,238.00
8.00 (0.36%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Compass Group Plc CPG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
8.00 0.36% 2,238.00 16:35:26
Open Price Low Price High Price Close Price Previous Close
2,229.00 2,218.00 2,238.00 2,238.00 2,230.00
more quote information »
Industry Sector
SUPPORT SERVICES

Compass CPG Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/11/2023FinalGBP0.28118/01/202419/01/202429/02/2024
10/05/2023InterimGBP0.1508/06/202309/06/202327/07/2023
21/11/2022FinalGBP0.22119/01/202320/01/202302/03/2023
11/05/2022InterimGBP0.09409/06/202210/06/202228/07/2022
23/11/2021FinalGBP0.1420/01/202221/01/202228/02/2022
26/11/2019FinalGBP0.26916/01/202017/01/202024/02/2020
InterimGBP0.26915/01/202017/01/202003/02/2020
27/02/2019InterimGBP0.13120/06/201921/06/201929/07/2019
InterimGBP0.13119/06/201921/06/201929/07/2019

Top Dividend Posts

Top Posts
Posted at 20/11/2023 08:23 by adrian j boris
Financial calendar


Ex-dividend date for 2023 final dividend 18 January

Record date for 2023 final dividend 19 January

Last day for DRIP elections 8 February

Q1 Trading Update / Annual General Meeting 8 February
Half-year results
Posted at 10/5/2023 07:18 by suetballs
Spectacular half year results.
Well done cpg.
The market can’t fail to be happy!
Suet
Posted at 04/12/2022 13:50 by the grumpy old men
dec/05/22   Berenberg European Conference

jan/19/23   Ex-dividend day for final dividend

feb/09/23   Q1 2023 Sales and Revenue Release - Trading Update

feb/09/23   Annual General Meeting
Posted at 21/11/2022 08:57 by waldron
Jeremy Cutler

08:31 Mon 21 Nov 2022

Compass lifts dividend as profits and revenues grow strongly

The company highlighted "excellent" net new business of 7.5%, while client retention rates improved to a record 96.4%, up 100 basis points on 2021


Catering company Compass Group PLC (LSE:CPG) rewarded shareholders with a 125% increase in its full-year dividend and launched a further £250mln share buy-back as it reported strong growth in profits and revenues.

In the year to 30 September 2022, underlying operating profit grew 87.5% to £1.59bn, on revenue of £25.8bn, up 37.5% on the previous year.

The company highlighted "excellent" net new business of 7.5%, while client retention rates improved to a record 96.4%, up 100 basis points (bps) on 2021.

Underlying operating margins improved by 170bps in the year to 6.2% and are expected to rise in full-year 2023 to 6.5%.

For 2023, Compass forecast constant-currency underlying operating profit growth of over 20%, delivered through organic revenue growth of around 15%, weighted towards the first half of the year.

The group, which has completed an initial £500mln share buyback, also announced a further £250mln buyback, to be completed in the first half of 2023.

Chief executive Dominic Blakemore said: "The group's performance surpassed our expectations both in terms of net new business growth and base volume recovery, with Business & Industry now operating above its pre-pandemic revenues.”

"Looking further ahead, we remain excited about the significant structural growth opportunities globally, leading to the potential for revenue and profit growth above historical rates, returning margin to pre-pandemic levels and rewarding shareholders with further returns."

Proactive
Posted at 21/11/2022 07:52 by waldron
Compass Group Fiscal Year 2022 Pretax Profit Rose on Sector Reopening, To Buy Back GBP250 Million
11/21/2022 | 07:42am GMT


By Michael Susin

Compass Group PLC reported on Monday a better-than-expected pretax profit increase for fiscal 2022 driven by a robust recovery on volumes and new business growth amid lower costs, and announced a further capital return to shareholders as it expects further growth in fiscal 2023.

The U.K. catering contractor said it will launch a further share buyback program of up to 250 million pounds ($297.2 million) in the first half of fiscal 2023, bringing the total return program to GBP750 million.

The board has also declared a dividend of 31.5 pence a share, compared with 14 pence a share in fiscal 2021.

The company made a pretax profit of GBP1.47 billion for the year ended Sept. 30 from GBP464 million reported in fiscal 2021. This compares with a consensus forecast of GBP1.32 billion taken from FactSet and based on seven analysts estimations.

Revenue rose 42.5% to GBP25.5 billion from GBP17.91 billion a year earlier, reflecting the reopening of sectors and improved client retention. Underlying operating margin was 5.9% compared with 4.5% the previous period.

"The group's performance surpassed our expectations both in terms of net new business growth and base volume recovery, with Business & Industry now operating above its pre-pandemic revenues. The strong growth trends seen in the first half have continued, with net new business accelerating through the year in all our regions," Chief Executive Dominic Blakemore said.

"Our clients are continuing to face operational complexities and inflationary pressures, which are driving increased outsourcing, and we are successfully capitalizing on the resulting growth opportunities," Mr. Blakemore added.

The company said it expects underlying operating profit growth for fiscal 2023 to be above 20%, to be delivered through organic revenue growth of around 15%, and underlying operating margin above 6.5%.

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires
Posted at 19/5/2022 13:46 by waldron
Summary and outlook

The Group is exiting the pandemic strongly and has achieved the important milestone of revenue exceeding its pre-COVID level on a run rate basis. Organic growth was strong in the first half of the year as the Group benefited from like for like volume recovery, high levels of net new business and pricing. Underlying operating margin was in line with guidance and is expected to improve in the second half.

While there are global inflationary pressures, which are expected to increase and continue at a heightened level, we have a resilient business model to help mitigate this challenge. This environment is also leading to an acceleration in first time outsourcing as organisations seek cost savings. We have a clear strategy to capture this growth opportunity based on our scale, expertise and sectorised market approach. Our value creation model has proven very effective and remains unchanged. The Group's market leading position combined with a relevant offer and capability are resulting in record new business wins and our highest ever client retention rate.

Given our strong first half performance and positive outlook, we are increasing our full year organic revenue growth guidance from 20 - 25% to around 30%. Whilst we are cautious about the inflationary environment, our margin guidance remains unchanged, with full year underlying operating margin expected to be over 6%, exiting the year at around 7%.

Our disciplined capital allocation framework supports growth whilst ensuring a robust balance sheet, rewarding shareholders through dividends and additional shareholder returns. This is demonstrated through the 9.4 pence per share interim dividend and the share buyback programme announced today with up to GBP500m during this calendar year.

Looking further ahead, we remain excited about the significant structural growth opportunities globally, leading to the potential for revenue and profit growth above historical rates, returning margin to pre-pandemic levels and rewarding shareholders with further returns.
Posted at 19/5/2022 13:45 by waldron
Upcoming Events


June/09/2022 Ex-dividend day for interim dividend
Posted at 19/5/2022 13:18 by ram376s
CPG Pop up .300 nurses to train for GDR new game changer test.Multibagger possible .ANticipated news .
Posted at 23/11/2021 10:07 by deanforester
Dividend restored, 14p.
Posted at 23/11/2021 08:54 by waldron
Compass Group PLC on Tuesday reported a increase in pretax profit for fiscal 2021 as it booked lower costs and returned to the dividend list.

The U.K. catering contractor made a pretax profit of 464 million pounds ($621.6 million) for the year ended Sept. 30 compared with GBP210 million for fiscal 2020.

Revenue fell to GBP17.91 billion from GBP19.94 billion a year earlier as the pandemic continued to hit the sales.

The board reinstated the dividend policy of a final dividend of 14 pence a share and said it will pay 50% of underlying earnings through an interim and final dividend in fiscal 2022.

Underlying operating margin was 4.5% compared with 2.9% the previous period as the group reduced the cost base and adapted the operation.

Compass said it expects for the next full year an underlying operating margin to be more than 6%, with an exit rate of 7%, while the revenue growth should increase around 20% and 25%. The company sees a stronger performance toward the second half of the year due to the current inflationary pressures.

"Looking ahead we are now focused on growth, driven by encouraging market trends and our ability to provide more bespoke, digital and sustainable solutions that meet the evolving needs of clients in a post-pandemic world. The tailwinds from first time outsourcing continue and, combined with our differentiated operating model and investment opportunities, we are in a strong position for growth," Chief Executive Dominic Blakemore said.



Write to Michael Susin at michael.susin@wsj.com



(END) Dow Jones Newswires

November 23, 2021 02:55 ET (07:55 GMT)

Your Recent History

Delayed Upgrade Clock