Our extensive portfolio of B2B brands allows us to create a bespoke food and service offer for our clients and consumers. We operate across five distinct sectors to meet the different organisational requirements of clients and their evolving needs.
Our strategic focus on People, Performance and Purpose continues to underpin all that we do in our ambition to deliver value to all our stakeholders.
We estimate the global food services market for Compass to be worth c.$360 billion1, of which we have less than 15% market share.
Our total addressable market continues to expand as our additional capabilities enable us to serve new sub-sectors of the food services market.
This provides a significant runway for growth, with nearly three-quarters of the market still self-operated or held by regional players.
Compass is well placed to benefit from market trends which are accelerating outsourcing, including more complex consumer demands, the desire for cost savings, increased use of technology and wider macroeconomic pressures.
Beyond food services, there are further growth opportunities in targeted support services, which are not included in this estimate.
1. Based on management estimates.
addressable global food
services market
Compass is a strong cash-generating business with a clear capital allocation model.
We invest both organically and through acquisitions to drive growth.
Our policy is to pay around 50% of underlying earning through an ordinary dividend, with further additional shareholder returns when appropriate. We do this whilst maintaining a resilient balance sheet, targeting net debt to EBITDA in the range of 1x-1.5x.
Consistent with this framework is the return of excess capital to shareholders through a share buyback programme.