CATERING giant Compass today said revenues were growing for the first time in more than a year after "clear signs of stabilisation" in its business and sports arms.
The company has landed deals with blue-chips such as BSkyB and Lloyds Banking Group and caters for a host of venues including the Jockey Club’s racecourses, Chelsea football club and the Wimbledon tennis championships.
Compass posted underlying revenue growth of 1.5% in the opening quarter of 2010 - its first since the last three months of 2008 - as more cyclical sports and corporate business improved and trading comparisons eased.
The firm saw "steady" trading from its raft of public sector deals in health, defence and education, as well as boosting margins through cost-cutting.
