Compass Group Sees Strong Growth in H1 2024
Company Announcements

Compass Group Sees Strong Growth in H1 2024

Compass Group plc (GB:CPG) has released an update.

Compass Group PLC reports a robust half-year financial performance with significant growth in revenue and operating profit across all regions. The company announced a rise in revenue to $20.9 billion, an 11.2% increase, and an 18.7% jump in underlying operating profit to $1.474 billion. This strong performance is attributed to balanced organic revenue growth and improvements in operating margins, leading to a raised guidance for 2024 underlying operating profit growth towards 15%.

For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCompass Group Concludes Share Buyback Program
TipRanks UK Auto-Generated NewsdeskCompass Group Executives Acquire Company Shares
TipRanks UK Auto-Generated NewsdeskCompass Group Advances Share Buyback Plan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!