Compass Group's Trading Currency Switch Could be Prelude to U.S. Listing -- Market Talk
Dow Jones02-05
1232 GMT - Compass Group's plan to change its trading currency to U.S. dollars could be a prelude to switching its listing, AJ Bell's Dan Coatsworth writes. The U.K. catering contractor, which already reports in dollars and generates 68% of its revenue there, said the move reduces foreign exchange volatility and simplifies its investment case for global investors. "It makes perfect sense to switch the listing to the States if it wants to immerse itself in the priority operating region and have greater appeal to local or global investors," Coatsworth says. Shares are down 0.6% at 22.08 pounds. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
February 05, 2026 07:37 ET (12:37 GMT)
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