Compass's Current Momentum Likely to Bring Mid-Term Goals Closer
November 30 2022 - 8:06AM
Dow Jones News
Compass's Current Momentum Likely to Bring Mid-Term Goals
Closer
1156 GMT - Compass Group's fiscal 2023 earnings are expected to
be driven by continued momentum and robust net gains after the
group reported a robust performance for the previous year, Shore
Capital analyst Greg Johnson says in a note. The U.K. catering
contractor is likely to also report further price and like-for-like
sales recovery after profitability returned to prepandemic levels
in the second half of fiscal 2022, Johnson says. "We previously set
out a blue-sky scenario for revenues to build beyond GBP35 billion
in the medium term," Johnson says. "Given the current momentum we
now see this as more of a forecast than a pipe dream."
(michael.susin@wsj.com)
Companies News:
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---
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---
Loungers 1H Pretax Profit Slumped on Higher Costs
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---
Impax Asset Management FY 2022 Pretax Profit Rose on Positive
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---
Future Posts Higher FY 2022 Pretax Profit, Revenue
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---
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---
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---
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---
Mulberry Shares Fall on Swing to 1H Pretax Loss
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---
Elementis Agrees on Sale of Chromium Business for Enterprise
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million.
---
Chamberlin Will Meet FY 2023 Market Expectations, CEO Says
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was held back by a slower recovery at its Chamberlin & Hill
Castings business, but the group should be able to meet full-year
market expectations, its chief executive officer said
Wednesday.
---
Borders & Southern Petroleum Shares Fall on Discounted Fund
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Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
November 30, 2022 07:51 ET (12:51 GMT)
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