Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable

Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable
Published Feb 25, 2016
6 pages (1781 words) — Published Feb 25, 2016
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Multinational food services provider Compass Group PLC is likely to continue to show credit metrics below our threshold for a modest financial risk profile assessment. However, Compass sustains significantly higher cash generation than similar-size peer companies. Therefore, we are including a positive comparable ratings adjustment of one notch. We are therefore affirming the 'A' rating on Compass. The stable outlook reflects our expectation that the group will continue its solid operating performance and maintain adjusted FFO to debt above 40%. On Feb. 25, 2016, Standard&Poor's Ratings Services affirmed its 'A' corporate credit rating on U.K.-based multinational good services provider Compass Group PLC. The outlook remains stable. At the same time, we affirmed our 'A' issue ratings on Compass'

  
Brief Excerpt:

...Multinational food services provider Compass Group PLC is likely to continue to show credit metrics below our threshold for a modest financial risk profile assessment....

  
Report Type:

Research Update

Ticker
CPG@LN
Issuer
GICS
Restaurants (25301040)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable" Feb 25, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-U-K-Based-Multinational-Food-Services-Provider-Compass-Group-Ratings-Affirmed-At-A-Outlook-Stable-1586065>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: U.K.-Based Multinational Food Services Provider Compass Group Ratings Affirmed At 'A'; Outlook Stable Feb 25, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-U-K-Based-Multinational-Food-Services-Provider-Compass-Group-Ratings-Affirmed-At-A-Outlook-Stable-1586065>
  
US$ 225.00
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