Half Year 2019 Compass Group PLC Earnings Call Transcript
Good morning and thank you for joining us.
Before I begin, I wanted to welcome Karen who started just over a month ago. She'll be around after the presentation, and you'll hear from her at the full year results in November.
So moving on to the presentation. I'll begin with a few highlights on the half, and then Palmer, as you know, who's been Interim CFO for the period, will take you through the financials. Following that, I'll go through a more detailed review of our operating performance and our strategy going forward, and there'll be plenty of time for questions and answers at the end.
I'm pleased to report that Compass had a strong half. We delivered very strong organic revenue growth of 6.6% and our operating profit increased by GBP 52 million. Margin was consistent with last year at 7.5%.
In the first half, the business continued to be very cash-generative with free cash flow of GBP 530 million. EPS on a constant currency basis was up by 6.5%, and we're increasing the interim dividend
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