Compass Group reports a 9.2% revenue rise but warns of potential losses due to currency fluctuations.

Compass Group, the world's largest food catering firm, saw a 9.2% rise in revenue during the first quarter, driven by strong demand in North America and Europe. Despite this success, the company cautioned that currency fluctuations could reduce revenue by up to $558 million this year. Compass has focused on core markets through acquisitions while exiting non-core regions like China and the UAE. The company's shares have climbed over 27% in the past year, and it maintains its annual revenue outlook.

2 months ago
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