Compass UK is performing well in a difficult environment, the caterer said today in a trading statement.
Compass, which announced a major new deal with Coventry Ricoh Arena this morning, said like-for-like volumes in business and industry (B&I) and the leisure sectors were down on last year due to extended Christmas/New Year closures at client sites and the poor weather in February.
However like-for-like revenues in healthcare, education, defence and offshore sectors have remained strong.
Although the company expects UK turnover for the half year to be 4% lower than 2008, extensive restructuring of the business in the past two years means the company expects to deliver improved operating profit, despite the difficult economic conditions.
By Chris Druce
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