Compass Group PLC · LSE:CPG
Compass — Investor Presentation (June 2023)
13 slides from Compass's investor presentation, June 2023
Slide 1: Change in reporting currency
Change in reporting currency Re-presentation of Alternative Performance Measures in US dollars June 2023 1
Slide 2: Change in reporting currency
Change in reporting currency ● Group to change its reported currency from sterling to US dollars from 1 October 2023 as previously announced ● These tables show the re-presentation of Alternative Performance Measures for each financial period from 2019 onwards ● Financial information has been re-pre
Slide 3: Income statement
Income statement FULL YEAR HALF YEAR $m 2022 2021 2020 2019 2023 2022 2021 2020 2019 Revenue 32,948 24,761 25,882 32,099 18,819 15,605 11,530 16,184 16,172 Organic revenue growth 37.5% (6.3)% (18.8)% 6.4% 24.7% 37.9% (30.4)% 1.6% 6.6% Operating profit 2,033 1,107 719 2,402 1,251 903 391 1,096 1,234
Slide 4: Underlying cash flow
Underlying cash flow FULL YEAR HALF YEAR $m 2022 2021 2020 2019 2023 2022 2021 2020 2019 Operating profit 2,033 1,107 719 2,402 1,251 903 391 1,096 1,234 Depreciation and amortisation 1,000 1,014 1,098 736 500 491 512 479 367 EBITDA 3,033 2,121 1,817 3,138 1,751 1,394 903 1,575 1,601 Net capital exp
Slide 5: Net debt
Net debt FULL YEAR HALF YEAR $m 2022 2023 2022 Opening net debt 3,422 3,337 3,422 FCF (pre capex) (2,039) (1,137) (894) Net capex 900 434 411 Acquisitions and disposals 343 256 146 Other (337) 224 (88) Dividends 539 462 335 SBB 509 387 - Closing net debt 3,337 3,963 3,332 Net debt / EBITDA1 1.1 1.2
Slide 6: Supplementary Information
Supplementary Information 6
Slide 7: Geographic financials
Geographic financials Group FULL YEAR HALF YEAR $m 2022 2021 2020 2019 2023 2022 2021 2020 2019 Revenue 32,948 24,761 25,882 32,099 18,819 15,605 11,530 16,184 16,172 Organic Growth 37.5% (6.3)% (18.8)% 6.4% 24.7% 37.9% (30.4)% 1.6% 6.6% Operating profit 2,033 1,107 719 2,402 1,251 903 391 1,096 1,2
Slide 8: Geographic financials
Geographic financials Europe FULL YEAR HALF YEAR $m 2022 2021 2020 2019 2023 2022 2021 2020 2019 Revenue 7,588 6,337 6,469 8,156 4,228 3,713 3,047 4,086 4,208 Organic Growth 31.8% (9.6)% (24.0)% 5.2% 28.2% 28.3% (32.8)% (3.9)% 6.4% Operating profit1 382 201 (37) 537 235 167 43 212 284 Margin1 5.0% 3
Slide 9: Exchange rates
Exchange rates Rates used in retranslation Income Statement 1 Balance Sheet 2 2022 2021 2020 2019 2022 2021 2020 2019 FULL YEAR per $ per $ per $ per $ per $ per $ per $ per $ AUD Australian Dollar 1.41 1.34 1.47 1.42 1.56 1.38 1.40 1.48 BRL Brazilian Real 5.26 5.38 4.85 3.88 5.41 5.45 5.64 4.17 CAD
Slide 10: Exchange rates
Exchange rates Effect on full year 2022 revenue and profit POUND STERLING CANADIAN DOLLAR EURO $m cumulative change for an $m cumulative change for an $m cumulative change for an incremental 5 pence movement incremental 5 cents movement incremental 5 cents movement Exchange Revenue Profit Exchange R
Slide 11: Exchange rates
Exchange rates Effect on full year 2022 revenue and profit AUSTRALIAN DOLLAR BRAZILIAN REAL TURKISH LIRA $m cumulative change for an $m cumulative change for an $m cumulative change for an incremental 5 cent movement incremental 50 centavo movement incremental 1 lira movement Exchange Revenue Profit
Slide 12: Definitions
Definitions INCOME STATEMENT Underlying revenue Revenue plus share of revenue of joint ventures. Underlying operating profit Operating profit excluding specific adjusting items *. Underlying operating margin Underlying operating profit divided by underlying revenue. Current year: Underlying revenue
Slide 13: Definitions
Definitions BALANCE SHEET Net debt Bank overdrafts, bank and other borrowings, lease liabilities and derivative financial instruments, less cash and cash equiva lents. Net debt to EBITDA Net debt divided by underlying EBITDA. Capital employed Total equity shareholders' funds, excluding: net debt; po