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The British company also cooks school lunches and account London O2 Arena and Google among its customers posted profit before taxes 913 m ￡ for the year to 30 September. Revenues were also up to 7 6pc of ￡ 14 5bn.

Compass attributed much of the growth of its activities outside Europe and cited as its largest croissance.Potentiel in emerging economies growth engine was also key to its future activities in the United States, she said, offering "the possibility of revenue growth two numbers".

The company also said economic conditions in parts of continental Europe "remained difficult in the year with" similar as volumes in the business sector and industry for "difficult."

Despite a 2 6pc decline in revenue of United Kingdom, Compass also highlighted a number of recent British contracts, he had won, including the Virgin Media and the Barbican in London.It also renewed its contract with the Bank of England to provide staff catering, Executive dining and hospitality.

Now, the company will continue to focus on the reduction of labour costs and overhead costs to balance the decline in revenues of hospitality industry has known for 18 months.

Richard Cousins, Chief Executive, said: "we're excited by the opportunities for growth, we have worldwide and the new pipeline company is forte.Nous continue to be relentless in our pursuit of efficiency of operation and in an environment where the cost is still high on the agenda, we are well positioned to offer solutions for food service and quality support to our customers."

Compass has increased its dividend by almost 33pc 17.5 percent.

Shares have increased by 1. 3pc in trade in the early p 534.5.

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