Food Services Provider Compass Group Outlook Revised To Positive On Strong Operating Performance; 'A-' Ratings Affirmed Mar 12

Standard & Poors, March 2012

Abstract
U.K.-based food services provider Compass Group PLC (Compass) continues to deliver strong operating performance, with credit metrics consistently above our guidance for the current rating. At the same time, macroeconomic conditions remain uncertain, particularly in Europe. We are revising our outlook on Compass to positive from stable and affirming our 'A-' long-term corporate credit and issue ratings on the company. The positive outlook reflects our view that rating upside could arise should Compass sustain strong operating performance alongside credit metrics at current levels. LONDON (Standard & Poor's) March 6, 2012--Standard & Poor's Ratings Services said today that it revised its outlook on U.K.-based food services provider Compass Group PLC (Compass) to positive from stable. At the same time, we affirmed...

Companies mentioned in this report are: Compass Group PLC
Action: Affirmed
Action: Outlook: Positive

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Compass Group PLC

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