U.K.-based Compass Group PLC (Compass) delivers strong organic growth and stable S&P Global Ratings-adjusted EBITDA margins, driven by favorable trends in the outsourcing market and the inflationary environment. Our ratings are also supported by Compass's financial policy, which results in credit measures that retain comfortable headroom to continue with the group's mergers and acquisition (M&A) and shareholder renumeration strategy. Therefore, we affirmed our 'A' long-term issuer credit rating (ICR) and senior unsecured debt ratings on Compass, as well as our 'A-1' short-term ICR. The stable outlook reflects our expectation of strong organic growth and credit measures in line with our expectations for the rating. The stable outlook reflects our expectation of strong volume growth accompanied by new business wins, and
