UK's Compass Groups dragged by Sodexo's forecast cut
British catering group Compass CPG.L falls as much as 2.9% to 2,427p, among top losers on FTSE 100 .FTSE
Sodexo EXHO.PA and Elior Group SA ELIOR.PA down 14.3% and 5.6% respectively
Sodexo cuts FY24/25 organic rev forecast to 3%-4% from 5.5%-6.5% and underlying operating margin growth to 10-20 bps from 30-40 bps
The French food caterer blames slower-than-expected organic growth in North America
JPM expects the warning to drag on the overall catering space
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Precious Metals May Outlook: After U.S.-Iran Conflict Concerns Eased, Will Funds Flow Back to Gold and Silver?

Is SanDisk the Hidden Gem of the AI Boom in 2026? Discover the Potential Risks and Rewards.

Intel vs. TSM: Which Semiconductor Stock Looks Like the Better Investment?

What Is Intel, and Is Its Stock Still a Worthwhile Investment?

Amazon vs. Microsoft: Which Stock Is a Better Buy for 2026 and Beyond?

Tradingkey








