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Compass Group raises forecast amid post-pandemic recovery

All three regions are now operating above pre-Covid levels, with North America as the highest performing region at 49.7% growth, followed by 41.9% growth in Europe, and 15.9% growth in the rest of the world

The Compass Group has increased its FY22 organic revenue growth guidance from 30% to 35%, due to a “significant acceleration” in growth and ongoing recovery of its base business.

The announcement comes as the company reported that its revenues for the third quarter ended 30 June 2022 (Q3) were at 109% of pre-Covid levels in 2019, including organic revenue growth of 43.

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