Compass is likely to defy rumours that it would use Wednesday's interim results to announce a string of disposals. Chief executive Mike Bailey is under pressure to turn the business round following two profits warnings in the last six months. He will try to win back City support with a detailed presentation on cash flow prospects. Interim profits are expected to be around £270m, marginally down on last year. However the interim dividend will be increased slightly. The Mail on Sunday 15/05/05 (Financial Mail) page 9 The Observer 15/05/05 (Business) page 2