Earnings release
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Legal Entity Identifier (LEI) No. 2138008M6MH9OZ6U2T68 RNS Number : 0987NCompass Group PLC21 July 2026 Continued strong execution drives another quarterof sustained growth 21 July 2026 - Compass Group PLC, a global leader in food services, today announces tradingresults for the third quarter ended 30 June 2026. Strong performance The Group delivered another strong quarter, with organic revenue growth of 7.1%. Net new business growth accelerated into our 4 - 5% target range as expected, and we remain on track todeliver net new growth at this level for the fifth consecutive year. Client retention remained excellent at 96% and our pipeline of opportunities continues to supportconfidence in future growth. Like-for-like growth was in line with our expectations, with volumes inNorth America benefiting modestly from the Football World Cup. In International, like-for-like growth moderated, reflecting lower inflation and Sports & Leisure calendar timings. Organic revenue growth1 Q3 2026 Q3 YTD 2026 North America 7.5% 7.3% International 6.4% 6.9% Group 7.1% 7.2% Continued strong growth momentum The fragmented $360bn outsourcing food services market remains highly attractive. Compass continues to capture a significant share of this large and growing opportunity. Over the last 12 months, the Group secured $4.3bn2 of new business wins, up 16% year-on-year, with 50% of new business wins from first time outsourcing. Business & Industry remains our strongest performing sector, delivering double-digit organic growth and generating more than $2bn2 of new business across different industries. We continue to supportleading AI hyperscalers across the data centre ecosystem, providing food and support services across both construction and operational phases, leveraging our expertise in complex,infrastructure-intensive environments. Sports & Leisure in our International region continues to grow strongly, with a significant contributionfrom first-time outsourcing, highlighting the sizeable opportunity in an underpenetrated market asvenues invest to elevate the fan experience and unlock the full commercial potential of their operations. Education continues to build momentum following a record selling season across K-12 and Higher Education. The recent University of Kentucky win, our largest in the sector to date, highlights thegrowing demand for integrated solutions across campus and healthcare environments, further
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demonstrating the power of our sectorisation strategy, with multiple Compass brands workingtogether at scale. Healthcare & Senior Living continues to represent a significant long-term opportunity. In NorthAmerica, six of our top 20 new business wins this year were in the sector, reflecting the strength of our sectorised approach and differentiated proposition. Defence, Offshore & Remote continues to benefit from increased investment in defence and energy infrastructure, underpinned by our expertise in delivering essential services in remote and logisticallydemanding locations. Investing in growth Whilst capex is trending around 3.5% of sales for the year to date, we expect this percentage to be slightly elevated at full year due to the timing of client mobilisations. The Group's net expenditure on M&A was $2.4bn for the year to date, broadly unchanged from its position at the half year. Reiterating 2026 guidance Strong execution and continued growth momentum gives us confidence in delivering underlyingoperating profit growth of above 11% in constant currency. This is driven by: · Around 7% organic revenue growth · Around 2% profit growth from M&A · Ongoing margin progression Dominic Blakemore, CEO of Compass Group, said: "Our business continues to perform strongly, driven by the strength of our sector-focused model, disciplined execution and resilient client demand. We are winning market share across multiplesectors, supported by the strongest pipeline of opportunities we have ever seen. With an addressable market exceeding $360bn and significant opportunities to further increasepenetration, we remain confident in delivering another year of strong earnings growth and continuedmargin progression." Currency If current spot rates were to continue for the remainder of the year, foreign exchange translation would positively impact 2025 revenue by $438m3 and operating profit by $23m3. 1 Year-on-year change 2 Annual revenue of new business wins in the last 12 months 3 Based on spot rates as of 15 July 2026 Conference call There will be a live Q&A session for analysts and investors at 12pm BST. Please connect to the call at least 10 minutes prior to the start time by dialling: UK Toll Number: +44 (0) 33 0551 0200 UK Toll-Free Number: 0808 109 0700 New York Number: +1 786 697 3501 US Toll-Free Number: 866 580 3963 Please reference: COMPASS Financial calendar Payment date for 2026 interim dividend 30 July 2026 Full year results 24 November 2026
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About Compass Group PLC Compass Group is a global leader in food services, operating in over 25 countries, with over590,000 employees worldwide and generating underlying revenues of over $46bn for the 2025 fiscalyear. Our core focus is the provision of outsourced food services and targeted support services. Compass Group operates across five sectors: Business & Industry, Healthcare & Senior Living,Education, Sports & Leisure, and Defence, Offshore & Remote, using a portfolio of bespoke B2Bbrands. Enquiries Investors Agatha Donnelly, Simon Bielecki +44 1932 573 000 Press Tim Danaher, Brunswick +44 207 404 5959 Website www.compass-group.com Forward-looking statements Certain information included in this Announcement is forward-looking and involves risks,assumptions and uncertainties that could cause actual results to differ materially from thoseexpressed or implied by forward-looking statements. Forward-looking statements cover all matters which are not historical facts and include, without limitation, the direct and indirectfuture impacts and implications of: public health crises on the economy, nationally andinternationally, and on the Group, its operations and prospects; risks associated with changesin environmental scenarios and related regulations including (without limitation) the evolutionand development of the global transition to a low-carbon economy (including increasing societaland investor expectations); disruptions and inefficiencies in supply chains (such as resultingfrom the wars in Ukraine and the Middle East); future domestic and global political, economicand business conditions (such as inflation or the UK's exit from the EU or changes in globaltrade policies and conditions); projections relating to results of operations and financialconditions and the Company's plans and objectives for future operations, including, without limitation, discussions of expected future revenues, financing plans and expected expendituresand divestments; risks associated with changes in economic conditions, levels of economicgrowth and the strength of the food and support services markets in the jurisdictions in whichthe Group operates; fluctuations in food and other product costs and labour costs; prices andchanges in exchange and interest rates; and the impacts of technological advancements.Forward-looking statements can be identified by the use of forward-looking terminology,including terms such as 'believes', 'estimates', 'anticipates', 'expects', 'forecasts', 'intends','plans', 'projects', 'goal', 'target', 'aim', 'may', 'will', 'would', 'could' or 'should' or, in each case,their negative or other variations or comparable terminology. Forward-looking statements in this Announcement are not guarantees of future performance. All forward-looking statements in this Announcement are based upon information known to theCompany on the date of this Announcement. Accordingly, no assurance can be given that anyparticular expectation will be met and readers are cautioned not to place undue reliance onforward-looking statements when making their investment decisions. Additionally, forward-looking statements regarding past trends or activities should not be taken as a representationor warranty that such trends or activities will continue in the future. Other than in accordancewith its legal or regulatory obligations (including under the UK Listing Rules and the DisclosureGuidance and Transparency Rules of the Financial Conduct Authority), the Companyundertakes no obligation to publicly update or revise any forward-looking statement, whether asa result of new information, future events or otherwise. Nothing in this Announcement shallexclude any liability under applicable laws that cannot be excluded in accordance with such laws. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information
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