Menu
11/12/2002
Compass Group announces profits surge
The Compass Group, which employs over 2,000 people in 200 locations across the province, has announced healthy returns for the year with a £4.5 million profit hike.
Compass Group Northern Ireland, which is a leading provider of catering services to the business, health and education sectors, made the announcement following the publication by its parent group of its financial results for the year ending 30 September 2002.
Throughout the year, Compass Group also strengthened its Northern Irish client portfolio with a number of leading institutions and company names, including Carpets International, Sanmina-SCI, Irwins Bakery, Newry Institute, Campbell College and Cabin Hill Schools.
Commenting on the results, Margaret Campbell, operations director of Compass Group's business in Northern Ireland, said: "We have had a very successful year of trading in 2002. We have an excellent team in place who have been successful in converting a number of business opportunities for the company, as well as growing our existing portfolio of clients.
"Our business continues to go from strength to strength here, as we continue to establish ourselves as the partner of choice for a range of companies, organisations, and institutions in Northern Ireland."
Compass Group has three main operating subsidiaries in Northern Ireland - Eurest (catering to the business and industry sectors), Medirest (catering to the health sector) and Scolarest (catering to the education sector).
(GMcG)
Compass Group Northern Ireland, which is a leading provider of catering services to the business, health and education sectors, made the announcement following the publication by its parent group of its financial results for the year ending 30 September 2002.
Throughout the year, Compass Group also strengthened its Northern Irish client portfolio with a number of leading institutions and company names, including Carpets International, Sanmina-SCI, Irwins Bakery, Newry Institute, Campbell College and Cabin Hill Schools.
Commenting on the results, Margaret Campbell, operations director of Compass Group's business in Northern Ireland, said: "We have had a very successful year of trading in 2002. We have an excellent team in place who have been successful in converting a number of business opportunities for the company, as well as growing our existing portfolio of clients.
"Our business continues to go from strength to strength here, as we continue to establish ourselves as the partner of choice for a range of companies, organisations, and institutions in Northern Ireland."
Compass Group has three main operating subsidiaries in Northern Ireland - Eurest (catering to the business and industry sectors), Medirest (catering to the health sector) and Scolarest (catering to the education sector).
(GMcG)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
11 December 2001
Compass report strong growth despite US attacks
The world's largest catering company, Compass Group has reported strong results despite the global economic slowdown. Compass, whose subsidiary Eurest Sutcliffe recently announced a deal to provide catering services at Halifax’s new call centre in Belfast, had issued a profit warning after the US attacks.
Compass report strong growth despite US attacks
The world's largest catering company, Compass Group has reported strong results despite the global economic slowdown. Compass, whose subsidiary Eurest Sutcliffe recently announced a deal to provide catering services at Halifax’s new call centre in Belfast, had issued a profit warning after the US attacks.
22 March 2024
Northern Ireland's Best Areas For Broadband Revealed
West Belfast has been named the Northern Ireland area with the best broadband, according to a new study. The experts at Getac – Rugged Computing Solutions analysed data from Ofcom Connected Nations 2023 to reveal the spots with the best broadband.
Northern Ireland's Best Areas For Broadband Revealed
West Belfast has been named the Northern Ireland area with the best broadband, according to a new study. The experts at Getac – Rugged Computing Solutions analysed data from Ofcom Connected Nations 2023 to reveal the spots with the best broadband.
26 August 2015
CME Group Financial Innovation Laboratory Officially Opens
The new CME Group Financial Innovation Laboratory at the Ulster University has officially opened.
CME Group Financial Innovation Laboratory Officially Opens
The new CME Group Financial Innovation Laboratory at the Ulster University has officially opened.
26 July 2012
Northern Hydraulics Engineers Investors In People Success
Coalisland precision engineering company Northern Hydraulics is one of 37 organisations from across Northern Ireland today awarded with the prestigious Investors in People (IiP) accreditation. Dr Stephen Farry, Minister for Employment and Learning, congratulated those receiving the business award at a celebration event held in Hillsborough Castle.
Northern Hydraulics Engineers Investors In People Success
Coalisland precision engineering company Northern Hydraulics is one of 37 organisations from across Northern Ireland today awarded with the prestigious Investors in People (IiP) accreditation. Dr Stephen Farry, Minister for Employment and Learning, congratulated those receiving the business award at a celebration event held in Hillsborough Castle.
28 June 2002
Haughey emphasises Public Private Partnerships
Denis Haughey, Minister in the Office of the First Minister and Deputy First Minister, has confirmed the Administration’s commitment to improving its public service infrastructure and emphasised the opportunities on offer through Public Private Partnerships.
Haughey emphasises Public Private Partnerships
Denis Haughey, Minister in the Office of the First Minister and Deputy First Minister, has confirmed the Administration’s commitment to improving its public service infrastructure and emphasised the opportunities on offer through Public Private Partnerships.
-
Northern Ireland WeatherThis Evening and Tonight:Dry with some late sunshine to end the day. Clear spells through the first part of the night but low cloud feeding in from the north later giving some mist or fog patches. Minimum temperature 8 °C.
