The Compass Group Board have announced an interim dividend of 15.0p per share to be payable in July 2023.
Other financial highlights include:
Strong organic revenue growth of 25% with excellent net new business of 5.2%
- First-time outsourcing trends continue, accounting for c.45% of new business wins
- Balanced growth across all regions with very strong performance in Europe
- Maintaining strong client retention rate
Operating profit over £1bn and operating profit margin of 6.6%, up 80bps
Strong cash generation, net debt to EBITDA reduced to 1.1x
Further share buyback of up to £750m to be completed this calendar year