UK caterer Compass posts higher revenue on new business in North America
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(Reuters) - Britain's Compass Group said on Thursday first-quarter revenue rose as new business in North America cushioned the blow of slower demand for its catering services in Europe. Shares of the caterer were up about 3% in early trading, tracking its best day in over six months. Compass, which provides 5.5 billion meals for office workers, armed forces and school children in more than 50 countries, said its first-quarter organic revenue grew 5.3% year-on-year.The company, which counts..