Full Year 2019 Compass Group PLC Earnings Call Transcript

Nov 26, 2019 / 09:00AM GMT
Dominic Blakemore - Compass Group PLC - Group Chief Executive & Director

Good morning, and thank you for joining us today.

At our meeting in May, I highlighted the significant competitive advantages that Compass has established. Today, we'll show you how those advantages are allowing us to capitalize on the structural growth opportunities in our industry.

Back in May, I talked through our strategic priorities, what we call the 3 Ps of performance, people and purpose that underpin sustainable profitable growth. After Karen has walked you through the financials, I'll talk about how our 3 Ps have contributed to the strong performance we're reporting today and how they underpin our potential for the future.

But first, I'd like to look at the results we are reporting today, the performance in our regions and the decisive actions we're taking, which give us real confidence in our positive outlook for the future.

We've delivered another good year, as you can see here. Organic revenue growth was 6.4%. That's ahead of our target range of 4% to 6% and the highest organic

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