Catering giant Compass has forecast a slump in sales growth over the coming months as it concentrates on reigning in financial controls and improving low-margin contracts.
The international company saw shares fall 7p to 269.25p yesterday but it said its finances are showing signs of stabilising after suffering from the recent media backlash against unhealthy school meals.
Compass said trading was in line with predictions but admitted UK profit and revenue is likely to be flat this year, while performance in the US remains strong across all divisions.
