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Compass Share Price Points North Again and that Jolly Direction is Unlikely to Change

By Malcolm Stacey | Thursday 26 November 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello, Share Munchers. The 12 month numbers for giant caterer Compass (CPG) were pretty scary. Revenue was shy by a fifth on last time. Underlying operating profit was worse, falling by 70% to £561 million. But the virus-blighted share price has been rising recently, and for good reason. For one thing, Compass has risen to the pandemic crisis well considering that at one point it had to close half its business…

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