Compass Group

Ticker CPG

Today's data summary

Market closed
% change
-1.35%
Price Pence
1606.50
Change
-22.00
As of 18:50 19 Sep 2018
Market cap. Pound sterling
25,443.69 million
As of 17:08 19 Sep 2018

Latest updates

Compass revenue climbing

Caterers in a kitchen
Getty Images

Contract caterer Compass saw its shares climb 6% to 1506.50p in early trading this morning. Why?

It posted a positive trading update for the first quarter with revenue climbing 5.9%.

Danny Cox, analyst at Hargreaves Lansdown commented: "As always, Compass are focused on the fine details, driving efficiencies in sourcing, operations and management. In the UK, this is all the more important as the group copes with higher Living Wage costs, in common with other labour intensive businesses."