Multinational food services provider Compass Group's operating performance over the last 12 months has been in line with our previous expectation, and we now expect the group to maintain its organic growth rate of 4%-5% over the next two years. We are therefore affirming our 'A' long-term corporate credit and senior unsecured debt ratings on Compass. The stable outlook reflects our view that Compass will be able to maintain its high contract-retention rates and gradually improve its margins and strong cash flow generation, while maintaining adjusted funds from operations to debt above 40%, on average, over next three years. On Feb. 24, 2017, S&P Global Ratings affirmed its 'A' corporate credit rating on U.K.-based multinational food services provider Compass Group
