UPDATE 1-UK's Compass Group raises 2026 profit guidance
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May 11 (Reuters) - Compass Group CPG.L raised its 2026 profit outlook on Monday, as the world's largest caterer bets on strong demand for workplace dining and new contract wins to offset rising concerns over the impact of artificial intelligence on office-based clients.
The company, which serves office workers at the likes of Google GOOGL.O, Amazon AMZN.O, and Microsoft MSFT.O in about 30 countries, saw a surge in new business contracts in the first half of the year, driven by its business & industry segment.
The group said it expects full-year underlying operating profit growth above 11%, up from about 10% forecast earlier.
