Half Year 2023 Compass Group PLC Earnings Presentation (Pre-Recorded) Transcript
Good morning, everyone. As usual, I'll begin with a summary before handing to Palmer, who will cover the financials. You'll be able to ask questions on our conference call, which is at 9 a.m. U.K. time. Details are on our website and press release.
We've had a strong first half, and we're establishing a new track record of performance. Operating profit was over GBP 1 billion and is now higher than during the first half of 2019. Organic growth of 25% was ahead of our expectations, and we continue to improve margins to 6.6%, an 80 basis point improvement year-on-year.
We delivered strong operating cash flow of GBP 870 million, which contributed to a further reduction in our leverage to 1.1x.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
