London's FTSE 100 expected to open 0.4% lower; Compass Group boosts full-year guidance, Mitie Group reports 10.5% Q1 revenue increase.

London's FTSE 100 is expected to open 0.4% lower on Tuesday, as the US prepares for the tech sector's quarterly reporting season. Despite this, catering giant Compass Group has boosted its full-year guidance following a strong third quarter, which saw organic revenues rise by 10.3%. Meanwhile, outsourcing specialist Mitie Group reported a 10.5% increase in first quarter revenue, reaching £1.16bn.

July 23, 2024
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