Compass Group Plc backed its full-year guidance on Thursday as it hailed a strong start to the year, with both regions and all sectors performing well.
The catering company said first-quarter organic revenue grew 7.3%, with growth of 7.3% in North America and 7.1% for international.
Compass said Sports & Leisure (S&L) and Business & Industry (B&I) remained its fastest‑growing areas. B&I achieved double‑digit organic growth in North America thanks to "robust" first‑time outsourcing (FTO) wins and continued expansion within the technology sector.
Net new business growth was within the 4-5% range, underpinned by strong client retention above 96%, it said.
"Pricing moderated as anticipated in a lower inflation environment, while volumes continued to contribute positively to growth," it said.
Annualised new business wins rose 10% on the year to $4bn, with nearly half generated from FTO.
The company reaffirmed 2026 guidance for around 10% underlying operating profit growth at constant currency. It also said the $1.7bn acquisition of Dutch food services business Vermaat completed in December.
Chief executive Dominic Blakemore said: "We have delivered a strong start to the year with broad based growth across every region and sector. The momentum in our B&I segment, particularly in North America, reflects the strength of our model and the value we continue to deliver for clients.
"The acquisition of Vermaat expands our capabilities in key European markets and will further accelerate growth. With strong new business wins, disciplined execution, and a clear strategy, we remain confident in our outlook and our ability to drive sustainable, long-term value for shareholders."