
Catering giant Compass has revealed a surge in profits as demand recovered following the impact of the pandemic (Compass/PA)
A wave of outsourcing by cash-strapped companies has buoyed results at catering group Compass, which posted a 175.2% jump in profits to £1.5 billion for the last year.
The company’s latest set of results also showed statutory revenues climbed 42.5% to £25.5 billion in the year to 30 September, as it recovered much of the losses it suffered during the Covid pandemic and beat market expectations.