Compass Group should be struggling in the present economic climate with local authorities and companies putting pressure on the price of school and canteen meals while the cost of food ingredients soars. But, says The Observer, its shares have beaten the market by around 13% over the last six months and Wednesday’s results should give plenty of reasons why that trend will continue. Job cuts, consolidating suppliers and reformulating menus are keeping revenues and margins moving ahead and its balance sheet should release around £300bn to be returned to shareholders via a buy-back. The Observer 11/05/08 (Business) page 11 The Sunday Telegraph 11/05/08 (Business) page 9