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Caterer Compass picks up third-quarter pace

In: Wholesalers, Industry news

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Catering giant Compass Group saw UK sales slide by just over 2% in the past three months.

However, Compass claimed it had seen a “slight acceleration in new business wins and the rate of retention”.

Across the group, sales were up by 5.5% on a like-for-like basis in the third quarter, contributing to growth of 2% for the nine months to 30 June.

The world’s largest foodservice company said volumes in its business and leisure divisions had recovered to the previous year’s levels but “remain challenging”.

Read more
Compass points to profits boost as sign of resilience (12 May 2010)


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