BUZZ-UK's Compass Groups dragged by <a href="https://laohu8.com/S/SDXAY">Sodexo</a>'s forecast cut** British catering group Compass CPG.L falls as much as 2.9% to 2,427p, among top losers on FTSE 100 .FTSE
** Sodexo EXHO.PA and Elior Group SA ELIOR.PA down 14.3% and 5.6% respectively
** Sodexo cuts FY24/25 organic rev forecast to 3%-4% from 5.5%-6.5% and underlying operating margin growth to 10-20 bps from 30-40 bps
** The French food caterer blames slower-than-expected organic growth in North America
** JPM expects the warning to drag on the overall catering space
(Reporting by Rishab Shaju in Bengaluru)
((Rishab.shaju@thomsonreuters.com))
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