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Compass Group (CPG LN) expects net new business growth to accelerate further in Q4, remains on track for the 4-5% target range for a figth consecutive year

Newsquawk Staff ·

Compass Group (CPG LN) expects net new business growth to accelerate further in Q4, remains on track for the 4-5% target range for a figth consecutive year.

What it means

Compass Group's guidance for accelerating net new business growth in Q4 suggests robust performance, reaffirming their target range for consistent growth. This positive outlook could enhance investor sentiment, particularly within the consumer services sector, signaling stability or potential upside for the stock amidst a competitive landscape.

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