Revenue and Growth
H1 revenue reached EUR12.5 billion, up 3.1% with organic revenue growth up 3.5%. Food Services continued to outperform, delivering 4.5% organic growth, while FM services grew at 1.7%.
Operating Profit and Margin Improvements
Underlying operating profit rose 6.4%, with a 10 basis point margin improvement, and underlying net profit grew by 5.4% to EUR450 million.
Strong Business Development Momentum
Secured over EUR1 billion in new contracts, including cross-sell opportunities, with a retention rate of 93.9% and a development rate of 7.3%.
Global Expansion and Acquisitions
Expansion in the U.S. convenience market with the acquisition of CRH Catering and significant contract wins in healthcare with AtlanticCare and UC Health.
Cost Management and Cash Flow
On track to achieve a leverage ratio between 1 to 2 times by the end of the fiscal year, with progress in Global Business Services project bringing around EUR10 million of savings.