Group was forced to shut about half its operations during lockdowns in the spring
Profits have crashed at Compass Group, the world’s biggest catering firm, after the Covid-19 pandemic led to the closure of schools, offices and sporting venues that it supplies.
Compass was forced to shut about half of its operations during Covid-19 lockdowns in the spring. This led to a 75.9% drop in the firm’s profits before tax to £427m for the year to 30 September, from £1.77bn in the previous year. Revenues were down 18.8% at £20.2bn.
