CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Compass (CPG) revenue dips but cost controls help profits

By David Burrows

08:39, 23 November 2021

Compass office in Canada. Photo: Alamy
Compass has reinstated its dividend for the year – Photo: Alamy

Compass, the UK-based food services company, published its full-year results today. The report saw revenue fall by over 10% from £19.9bn to £17.9bn ($26.6bn) in the 12 months to September.

As a result of improved cost controls, however, statutory operating profit increased by around 85% to £545m.

The group revealed a full-year underlying margin of 4.5%, compared to 2.9% in 2020 and earnings per share were 29.5p compared to 17.1p.

Compass announced it was reinstating its dividend with a payout policy of around 50% of underlying earnings.

In terms of the outlook for the business during the 2022 financial year, Compass expects organic revenue growth to be 20%–25%. While the full-year underlying operating margin is anticipated to be over 6%.


0.72 Price
+1.280% 1D Chg, %
Long position overnight fee -0.0253%
Short position overnight fee 0.0033%
Overnight fee time 22:00 (UTC)
Spread 0.0040


16.67 Price
+2.230% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.41


126.53 Price
-0.310% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.38


245.14 Price
+0.830% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 22:00 (UTC)
Spread 0.18

Strong cash flow

Commenting on the latest figures, Dominic Blakemore, the group’s CEO, said: “Our strong financial recovery in 2021, including record new business wins and client retention, is a credit to our teams’ exceptional resilience, dedication and expertise in extraordinary circumstances. We are pleased to be reinstating the dividend, reflecting our strong cash flow and increasing confidence in the group’s performance.”

He added: “Looking ahead, we are now focused on growth, driven by encouraging market trends and our ability to provide more bespoke, digital and sustainable solutions that meet the evolving needs of clients in a post-pandemic world.

“The tailwinds from first time outsourcing continue and, combined with our differentiated operating model and investment opportunities, we are in a strong position for growth.”

There was a small movement in the Compass stock price in early trading in London – it was down around 1% to £14.53.

Read more: Restaurant chain Fogo de Chao files for IPO

Markets in this article

20.28 USD
0.03 +0.150%
20.28 USD
0.03 +0.150%

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading