Performance highlights

Focusing on sustainable growth

Compass has had another good year, despite the headwinds of high food cost inflation, a mixed economic backdrop and the impact of the tragic events in Japan. We have delivered further progress in operating profit and strong free cash flow generation.

Highlights 2011: Group performance

On a constant currency basis, underlying operating profit increased by £86 million (8.6%) from the following key areas:

• £40m from net new business
• £23m from our existing base estate
• £4m of above unit cost savings
• £19m from acquisitions net of restructuring costs

Revenues

9.2% revenue growth on a constant currency basis

Total underlying operating profit

8.6% increase in underlying operating profit on a constant currency basis

Underlying operating margin

6.9% consistent with last year

Reported profit before tax

4.9% increase in reported profit before tax

Underlying basic earnings per share

9.2% increase in underlying basic earnings per share

Dividends per ordinary share

10.3% increase in the full year dividend per ordinary share

Free cash flow

6.9% decrease in free cash flow

1

Constant currency restates the prior year results to 2011’s average exchange rates.

2

Total underlying operating profit includes share of profit of associates but excludes UK re-organisation, amortisation of intangibles arising on acquisition, acquisition transaction costs, adjustment to contingent consideration on acquisition and share-based payments expense – non-controlling interest call option.

3

Underlying operating profit by region excludes share of profit of associates, UK re-organisation, amortisation of intangibles arising on acquisition, acquisition transaction costs, adjustment to contingent consideration on acquisition and share-based payments expense – non-controlling interest call option.

4

Underlying operating margin is based on revenue and operating profit excluding share of profit of associates, UK re-organisation, amortisation of intangibles arising on acquisition, acquisition transaction costs, adjustment to contingent consideration on acquisition and share-based payments expense – non-controlling interest call option.

5

Underlying basic earnings per share excludes UK re-organisation, amortisation of intangibles arising on acquisition, acquisition transaction costs, adjustment to contingent consideration on acquisition and share-based payments expense – non-controlling interest call option, hedge accounting ineffectiveness, the change in the fair value of investments and non-controlling interest put options, gain on remeasurement of joint venture interest on acquisition of control and the tax attributable to these amounts.

6

Organic growth is calculated by adjusting for acquisitions (excluding current year acquisitions and including a full year in respect of prior year acquisitions), disposals (excluded from both periods) and exchange rate movements (translating the prior year at current year exchange rates) and compares the current year results against the prior year.

7

Unless stated otherwise, all figures in this document relate to the year ended 30 September 2011.

8

The data shown above and in the Chief Executive’s statement relates to the continuing business only.