UK's Compass Group rises after CFO shares positive outlook

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