Compass Group 2018 Interim Results
Organic revenue growth of 4.8%, excluding the impact of Easter and weather it was up 5.3%
· Strong performance in North America with broad based organic revenue growth of 7.3%
· Europe organic revenue up by 0.5% driven by good growth in the UK
· Rest of World grew by 3.4%, a significant improvement on the 3.8% decline in HY 2017
Operating margin of 7.5%, as expected
· Strong drive on efficiencies and pricing largely offset inflation
· Benefits of actions to address cost pressures in the UK to come in the second half
Strong EPS and dividend growth
· EPS growth of 10% on a constant currency basis and interim dividend up 10%
Sharpening our strategy
· Even greater focus on our core food business
· Increasing intensity around Management And Performance framework (MAP)
· Developing and sharing best practices across the Group in a more systematic way
· Actions to further strengthen and simplify our portfolio
Statutory results
· Statutory earnings per share increased by 0.5% as the impact of foreign exchange offset higher profits
