Compass Group PLC

Compass Group reported organic revenue growth of more than 7% in its third-quarter trading update and reiterated guidance for above 11% underlying operating profit growth in constant currency for 2026. Client retention held steady at 96%, while net new business growth accelerated back into the company's 4% to 5% target range, with executives expecting further acceleration in the fourth quarter. New business wins over the last 12 months reached GBP 4.3 billion, up 16% year over year, with roughly half coming from first-time outsourcing. Business and industry remained the strongest-performing sector, delivering double-digit organic growth and more than GBP 2 billion of new business wins. Executives also highlighted growing opportunities in education, healthcare, sports and leisure, and data centers, where Compass has been awarded a couple of hundred million pounds in work over the past nine to 12 months.