British caterer Compass Group raises annual forecast for second time
July 23 (Reuters) -British catering group Compass CPG.L on Tuesday raised its 2024 profit and revenue forecasts for the second time this year, helped by more new businesses and despite easing prices.
The world's largest catering group now expects underlying operating profit to grow above 15% and organic revenue above 10% for the fiscal year ending September. It had earlier said profit would rise towards 15% and revenue towards 10%.
Reporting by Yadarisa Shabong in Bengaluru; Editing by Subhranshu Sahu
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