Compass Group PLC Reports Strong Third Quarter

July 30, 2012

U.K.-based Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported another good performance in the third quarter of the year and the company's expectations for the full year remain positive and unchanged.

Including the contribution from acquisitions, constant currency revenue for the Group increased by 7.8 percent in the quarter, compared to the same period last year.

Organic revenue growth of 5.7 percent in the third quarter.

Operating profit margin in the third quarter was slightly above the same period last year.

Free cash flow conversion was strong.

The company invested 189 million pounds in acquisitions in the financial year to date.

No significant change in the strong financial position of the Group in the period since March 31.