Business
Q1 Trading Statement
Compass Group PLC reported a strong first quarter for the period ending December 31, 2025, with organic revenue growth of 7.3% driven by robust performances in Sports & Leisure and Business & Industry sectors, particularly in North America. The company completed the $1.7 billion acquisition of Vermaat in December 2025, contributing to a total first quarter M&A investment of $1.9 billion. Annualised new business wins reached $4 billion, a 10% year-on-year increase, with strong client retention above 96%. Compass Group also announced its intention to change its London Stock Exchange trading currency from GBP to USD effective April 1, 2026, and reaffirmed its 2026 guidance for approximately 10% underlying operating profit growth. Disclaimer*
About this update from Compass Group Plc
[{"type":"text","content":"\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\nLegal Entity Identifier (LEI) No. 2138008M6MH9OZ6U2T68\n\n\n\n\n\n \n\n\n\n \n \n\n\n \n5 February 2026 - Compass Group PLC, a global leader in food services, reports strong first quarter results for the period ended 31 December 2025, ahead of the Company's AGM at 10.30am today in London.\n \nStrong start to the year, Vermaat acquisition completed\nCompass delivered another quarter of consistent growth and strategic progress with organic revenue increasing by 7.3% in Q1.\n \n\n\n\n\nQ1 2026\n\n\nGroup\n\n\nNorth America\n\n\nInternational\n\n\n\n\nOrganic revenue growth1\n\n\n7.3%\n\n\n7.3%\n\n\n7.1%\n\n\n\n\n\nWe delivered strong performances across both regions and all sectors, with Sports & Leisure (S&L) and Business & Industry (B&I) remaining our fastest‑growing areas. B&I achieved double‑digit organic growth in North America, driven by robust first‑time outsourcing (FTO) wins and continued expansion within the technology sector.\n \nNet new business growth was within the 4-5% range, underpinned by strong client retention above 96%. Pricing moderated as anticipated in a lower inflation environment, while volumes continued to contribute positively to growth.\n \nAnnualised new business wins totalled $4bn2, up 10% year on year, with nearly half generated from FTO.\n \nVermaat acquisition adds capability and talent in Europe\n \nCompass completed the acquisition of Vermaat, a leading food services business in the Netherlands, for $1.7bn in December 2025. Vermaat strengthens Compass' position across multiple sectors in the Netherlands, France, and Germany with high quality food offers, strong retail expertise, and exceptional talent. Including Vermaat, total first quarter M&A investment was $1.9bn.\n \nCompass to change LSE Trading Currency from GBP to USD\n \nWith effect from 1 April 2026, Compass intends to change the trading currency of its Ordinary Shares on the London Stock Exchange (LSE) from sterling (GBP) to US dollars (USD). This transition aligns the Group's share price trading currency with its reporting currency, reducing FX volatility in the share price and simplifying the investment case for global investors.\n \nThe change will not affect Compass Group's FTSE index inclusion or...