Catering firm Compass returned £1.6 billion to shareholders in 2017

A strong 2017 and growth of four per cent has seen catering company Compass improve operating margin by 20 points, returning £1.6 billion to shareholders, according to the company’s full-year results. Revenue in Europe grew by 1.6 per cent, although it declined 2.5 per cent through the rest of the world. Richard Cousins, group chief […]

Carillion reduces full year revenue outlook after ‘disappointing’ first-half

Troubled British multinational FM and construction firm Carillion Group has revised its full year outlook after what it referred to as a disappointing set of first-half results. Revenues are now expected to be £4.6bn-£4.8bn, down from £4.8bn-£5bn, with a further £200m provision in respect of 23 of its support services, adding to the £845m provision […]