Earnings release
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Legal Entity Identifier ( LEI ) : No. 2138008M6MH90Z6U2T68 29 July 2021 This statement updates investors on the Group's performance since 31 March 2021 . By region A further quarter of margin improvement , and first - time outsourcing momentum continues North America Europe Rest of World Group Q1 2021 ( 36.7 ) % ( 34.6 ) % ( 12.3 ) % ( 33.7 ) % COMPASS GROUP % of 2019 revenues Q3 Trading Update Business & Industry Education Healthcare & Seniors Sports & Leisure DOR Group Organic revenue ¹ Q2 2021 Q3 Q3 YTD 2021 Q1 2021 61.5 % 66.9 % 105.2 % 24.7 % 107.1 % 71.1 % ( 28.5 ) % 36.1 % ( 30.8 ) % 46.1 % 2021 ( 18.2 ) % ( 17.9 ) % 1.2 % ( 6.3 ) % 22.4 % ( 0.2 ) % ( 26.8 ) % 36.4 % ( 16.1 ) % Q2 2021 57.8 % 72.0 % 105.2 % 28.3 % 108.6 % 71.7 % Operating margin² Q1 Q2 2021 2021 Q3 2021 4.0 % 5.6 % 5.9 % 1.7 % 3.8 % 4.0 % 5.4 % 5.7 % 2.7 % 4.2 % 5.0 % Q3 2021 60.8 % 77.7 % 107.2 % 48.7 % 110.7 % 76.2 % Q3 YTD 2021 5.1 % 2.2 % 5.0 % 4.0 % Q3 YTD 2021 60.0 % 71.9 % 105.8 % 34.6 % 108.8 % 73.0 % The Group's third quarter organic revenue grew by 36.4 % , lapping the first full quarter of COVID impacted revenues . As anticipated , revenues in B & I and Education improved gradually whilst the more defensive sectors of Healthcare & Seniors and Defence , Offshore & Remote continued to grow . Our Sports & Leisure business benefitted significantly from higher attendance levels following an easing of restrictions in North America . Notes : These results are unaudited . 1 Year on year change . 2 Underlying operating margin pre resizing costs . Resizing costs of £ 21m in Q3 , predominantly in Europe . The " flight to trust " continued , leading to strong new business wins across all regions , with around 50 % of new wins coming from first time outsourcing . Year to date , the retention rate remained strong at 95.4 % .