UK's Compass Group rises after CFO shares positive outlook

Compass

27/03/2025 10:48

** Shares of British catering group Compass CPG.L up as much as 1.8% at 2,531p; among top pct gainers on London's FTSE 100

** Co confident in delivering net new wins within target range of 4%-5% for FY - CFO says during fireside chat with Jefferies

** CPG sees no signs of consumer softness so far in the most cyclical areas of the business like sports & leisure

** Co does not see meaningful risk from U.S. DOGE program and potential reduction in federal funding

** Jefferies analysts say CFO's comments are "reassuring on the back of the recent pullback of the shares and concerns on the growth trajectory in the U.S."

** Up to Wednesday's close, stock fell 6.3% so far this year

 (
 Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))