Share Name Share Symbol Market Type Share ISIN Share Description
Compass Group Plc LSE:CPG London Ordinary Share GB00BD6K4575 ORD 11 1/20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  9.50 0.49% 1,954.50 1,954.00 1,955.00 1,963.00 1,938.50 1,948.50 960,097 12:32:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 22,964.0 1,520.0 71.0 27.5 31,003

Compass Share Discussion Threads

Showing 2251 to 2272 of 2275 messages
Chat Pages: 91  90  89  88  87  86  85  84  83  82  81  80  Older
DateSubjectAuthorDiscuss
06/12/2019
11:38
Berenberg Buy up from 1,850.00 to 2,050.00 Reiterates
adrian j boris
28/11/2019
08:40
JP Morgan Cazenove Overweight 2,040.00 - Reiterates
grupo
27/11/2019
12:14
Since when has CPG been immune from wider macro concerns. There is a significant cyclical element here and that's always been the case.
essentialinvestor
27/11/2019
12:09
PROACTIVEINVESTORS Giulia Bottaro 10:23 Wed 27 Nov 2019 viewCompass Group Compass numbers point to flat returns, says Liberum The broker downgraded its recommendation for the FTSE 100 catering giant to 'hold' on the back of the latest results Compass Group - Liberum downgrades Compass to ‘hold’ Compass is cutting costs Compass Group PLC (LON:CPG) shares continued to head south a day after the catering giant's annual results as analysts said a new round of cost cutting have negative implications for investor returns over the medium-term. The results revealed that the FTSE 100 group's diversity in geographies and divisions “does not make it immune to the macro environment”, said broker Liberum, downgrading its recommendation to ‘hold’ from ‘buy’ and cutting the target price to 2,000p from 2,240p. READ: Compass profits undercooked as its moves to counter European slowdown The cost-cutting will offset short-term margin pressures but will incur “substantial” cash costs which, paired with recent acquisitions, imply “no scope for further cash returns to shareholders”, Liberum's analysts said in a note to clients on Wednesday. Compass said in its preliminary results a day earlier that it is “taking prompt action to adjust our cost base” in Europe and certain other markets outside the US, resulting in non-underlying cash charges of around £160mln spread across the past and the new financial year, plus a non-cash charge of £140mln. Statutory operating profit fell 5.4% to £1.6bn and revenue swelled 6.4% to £25.2bn. Liberum revised group organic growth forecast down to 5% and 2020 forecasts are now expected to be flat year-on-year, as the strong pipeline in North America meets caution over volume and performance in Europe. Shares in the company, having risen to an all-time high in the summer and up 27% since the start of the year until the results, were down 3% to 1,866.5p on Wednesday morning.
the grumpy old men
27/11/2019
11:40
The bearish points for me are valuation and slowing growth. Current valuation demands a lot, so unsurprisingly on any perceived negative newsflow CPG takes a bit. There is a cyclical element here which tends to be overlooked during benign economic conditions.
essentialinvestor
27/11/2019
07:01
UBS Buy 2,255.00 - Unchanged
adrian j boris
26/11/2019
23:56
Added a small amount before the close.
essentialinvestor
26/11/2019
23:17
The link to the results is in the blue box above you, 26/11/19 Full year results. Search for "Reconciliation" in your browser, once you have got to the page.
deanforester
26/11/2019
16:03
are you able to say briefly what Note 10 says ?. I couldn't find a copy of their accounts
callasda1
26/11/2019
16:02
are you able to say briefly what Note 10 says ?. I couldn't find a copy of their accounts
callasda1
26/11/2019
15:57
Summary and outlook Compass has had another strong year. Organic revenue growth was 6.4%, ahead of our target range, thanks to excellent growth in North America and an improving performance in Rest of World. There was good growth in our European business with strong performances in UK Defence and Sports & Leisure offsetting weak volumes in Business & Industry. The Group margin during 2019 was maintained despite this more challenging trading environment in Europe. We are making good strategic progress through disciplined focus on our Performance, People and Purpose priorities and have continued to reshape our portfolio. Disposal proceeds have been reinvested in bolt-on acquisitions to further strengthen our food service offer and subsector approach, and in June we announced the proposed acquisition of Fazer Food Services, a leading food service business in the Nordics, which is a strong strategic fit with Compass. Despite this good performance, we are not immune to the macro environment. Deteriorating business and consumer confidence in Europe has impacted our Business & Industry volumes, new business activity and margin. Given these trends, we are taking prompt action in Europe and certain Rest of World markets to adjust our cost base. As well as offsetting short-term margin pressures, by taking this action from a position of strength, we will be better placed to capitalise on future growth opportunities. Our expectations for the Group in 2020 are positive although we remain cautious on the macro environment in Europe. The pipeline of new contracts in North America is strong and Rest of World is growing well, although we are seeing some hesitation in decision making in Europe. Thanks to the Group's geographic and sectoral diversity, we are nevertheless confident of continued progress. As such we expect organic growth to be around the mid-point of our 4-6% range whilst maintaining our strong margin(1) as we mitigate the expected volume pressures through our cost actions. In the longer term, we remain excited about the significant structural growth opportunities globally, the potential for further revenue and profit growth, combined with further returns to shareholders. Dominic Blakemore Group Chief Executive Officer 26 November 2019
waldron
26/11/2019
15:50
I don't think that the market had read all the way though the document today. Look at Note 10 to the accounts and the footnotes to the table.
deanforester
26/11/2019
12:42
Compass to Cut Around 3,000 Jobs Following European Market Slowdown 26/11/2019 11:58am Dow Jones News Compass (LSE:CPG) Intraday Stock Chart Today : Tuesday 26 November 2019 Click Here for more Compass Charts. --Compass said it is planning cost cuts to protect the profitability of the business --Most of the jobs being cut are in Europe --Its European business has been hit by low consumer confidence in deteriorating environment By Sabela Ojea Compass Group PLC (CPG.LN) said Tuesday that it will cut jobs as part of a cost-reduction program following a deteriorating business environment in Europe, which has hurt consumer confidence in the region. The contract caterer said the job cuts represent "less than 0.5%" of its global workforce of 600,000. It said most of the jobs being cut will be in Europe, but there will also be some losses in a number of other regions as it expands the cost cuts. Compass said its cost base is being adjusted to "protect the profitability of the business and further strengthen" its operational position, which will result in around 90 million pounds ($115.9 million) in cost savings. "The cuts are spread across a number of countries with the cuts in any country in the low to mid hundreds," said a spokeswoman of the FTSE-100 company, which operates in 45 countries around the world. Underlying operating profit at the European business fell 6.8% to GBP368 million for the year ended Sept. 30 compared with the same period a year earlier, and underlying operating margin declined by 60 basis points to 6.3%. Europe generates about 23% of group revenues. The company expects to book GBP300 million of costs against these actions, of which GBP190 million has been incurred in its fiscal 2019 accounts, with the rest being booked next year. Despite this, Compass said its expectations for the next financial year are positive and it is confident for growth in its North American market--which represents more than 62% of group revenue. The company forecasts organic growth for the group around the mid-point of its 4%-6% guidance range for fiscal 2020. Shares at 1121 GMT were down 108 pence, or 5.2%, at 1,963 pence. Overall, Compass reported a 3.3% fall in pretax profit for fiscal 2019 and said it delivered full-year growth of 6.4%, ahead of its target range of 4%-6%. It made a pretax profit of GBP1.47 billion for the year compared with GBP1.52 billion a year earlier. Operating profit decreased to GBP1.60 billion from GBP1.70 billion, while adjusted operating profit--one of the company's preferred metrics--rose to GBP1.88 billion from GBP1.80 billion. Revenue rose to GBP24.88 billion from GBP22.89 billion last year--with broad based organic revenue growth of 7.7% in its North America market. Net profit was GBP1.11 billion for the year, compared with GBP1.13 billion in fiscal 2018. The board declared a final dividend of 26.9 pence, up from 25.4 pence last year, taking the total payout to 40.0 pence from 37.7 pence. Compass is one of 26 current FTSE 100 members to have increased their annual dividend distribution every year for the last decade and its streak of increases dates back to 2001, AJ Bell said. "Compass has had another strong year. Organic revenue growth was 6.4%, ahead of our target range, thanks to excellent growth in North America and an improving performance in the rest of the world", Compass Chief Executive Dominic Blakemore said. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix (END) Dow Jones Newswires November 26, 2019 06:43 ET (11:43 GMT)
florenceorbis
26/11/2019
10:33
Compass Group PLC (CPG.LN) on Tuesday reported a 3.3% fall in pretax profit for fiscal 2019 and said that it delivered full-year growth of 6.4%, ahead of its target range of 4%-6%. The FTSE-100 support-services company said its expectations for the next financial year are positive, although it remains cautious about the macro environment in Europe. The company made a pretax profit of 1.47 billion pounds ($1.89 billion) for the year ended Sept. 30, compared with GBP1.52 billion a year earlier. Operating profit decreased to GBP1.60 billion from GBP1.70 billion, it said. Revenue rose to GBP24.88 billion from GBP22.89 billion last year, and earnings per share decreased to 69.9 pence from 71.0 pence. The board declared a final dividend of 26.9 pence, up from 25.4 pence last year, taking the total payout to 40.0 pence from 37.7 pence. Compass is one of 26 current FTSE 100 members to have increased their annual dividend distribution every year for the last decade and its streak of increases dates back to 2001, AJ Bell said. "Compass has had another strong year. Organic revenue growth was 6.4%, ahead of our target range, thanks to excellent growth in North America and an improving performance in the rest of the world", Chief Executive Dominic Blakemore said. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix (END) Dow Jones Newswires November 26, 2019 02:40 ET (07:40 GMT)
florenceorbis
22/11/2019
20:09
26 Nov 2019 Full Year Results Https://www.marketscreener.com/COMPASS-GROUP-PLC-35939959/quotes/
the grumpy old men
22/11/2019
13:23
working its way up to what are very likely to be excellent results
itsnotmeitsy0u
15/8/2019
08:20
and up so far today 2043 GBp +1.14%
grupo
14/8/2019
16:15
I KNOW NOTHIN BUT IT TURNED UP AT END OF DAY
waldron
14/8/2019
16:11
Https://www.marketscreener.com/COMPASS-GROUP-PLC-35939959/quotes/
waldron
14/8/2019
16:07
Does someone know something? There was a sell today of 1,188,056 shares worth £23,998,731.20.
heorot1
12/6/2019
08:34
UBS Buy 1,910.00 - Unchanged
the grumpy old men
11/6/2019
07:42
Compass Group PLC (CPG.LN) said Tuesday that it has signed an agreement with Fazer Group to acquire its food-catering business, Fazer Food Services, for approximately 475 million euros ($537.2 million). The support-services company said the initial cash transaction will be around EUR420 million, with the remaining deferred consideration payable within seven years. The final consideration figures will depend on closing balance-sheet adjustments and the operation of an earn-out, the company said. Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com (END) Dow Jones Newswires June 11, 2019 02:33 ET (06:33 GMT)
waldron
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