According to BB's, FTSE 100 - Compass Group, the group which took a tumbling in it's share price from 3.85p, may be the target of a takeover, though I read before sometime ago, this time, the time could be ripe.

Definately worth watching in the short and medium term.

Good Luck to all if it comes true.

Jules99

Interim Management Statement

Final Results

StockMarketWire.com
Compass unveils strong first half results underlying operating profits up 6.5% at £688m.

Underlying revenues and pre-tax profits rose by 5.7% and 4.9% respectively to £9.1bn and £637m.

Underlying earnings per share rose by 12.3% to 28.4p and the interim dividend of 9.8p per share is up 11.4%.

Group chief executive Richard Cousins said: "Compass had a strong first half of the year. We have delivered excellent levels of organic growth in North America and emerging markets. Encouragingly, Europe & Japan has returned to growth despite a mixed economic backdrop in the region.

"We have also continued to deliver good levels of operating efficiencies, which have enabled us to invest in the many growth opportunities we see, as well as deliver an improvement in the operating margin of 10 basis points.

"Our expectations for the full year remain positive and unchanged. However, the economic environment in some of our emerging markets is uncertain, and lower commodity prices are impacting our Offshore & Remote business. Nevertheless, our pipeline of new contracts is encouraging, and our continued focus on organic growth and efficiencies gives us confidence in achieving another year of delivery.

"In the longer term, we remain excited about the significant structural growth opportunities globally and the potential for further revenue and margin growth, as well as continued returns to shareholders."

MELBOURNE (Reuters) - The CEO of Compass Group Plc (CPG.L), the world’s biggest catering firm, and four of his close family members were among the six people who died when the seaplane they were travelling in crashed into a Sydney river on New Year’s Eve.
Cousins had been due to retire on March 31. Compass said the new chief executive, Dominic Blakemore, would now start on Jan. 1 instead of on April 1 as originally planned, following the news.

Sad news indeed.