Compass Group (LON:CPG) reported another strong quarter in its third-quarter trading update, with Group Chief Executive Officer Dominic Blakemore saying the company delivered organic revenue growth of more than 7% and maintained client retention at 96%.
Blakemore said net new business growth accelerated back into the company’s 4% to 5% target range, and Compass remains on track to deliver net new business growth at that level for the fifth consecutive year
He said that would represent more than GBP 2.2 billion. “We’re demonstrating our ability to grow consistently at scale over the long term,” Blakemore said, citing the company’s sector-focused model, disciplined execution and strong client demand. Compass reiterated its 2026 guidance for above 11% underlying operating profit growth in constant currency. Blakemore said that outlook is supported by strong organic revenue growth, acquisitions and ongoing margin contribution.
New business wins rise 16% Compass said it secured GBP 4.3 billion of new business wins over the last 12 months, up 16% year over year. Blakemore said roughly half of those wins came from first-time outsourcing. Business and industry remained the company’s strongest-performing sector, delivering double-digit organic growth and more than GBP 2 billion of new business wins.