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Stock impact report

CNBC's UK Exchange newsletter: Compass shifts its trading to dollars — and it might not be the last [CNBC]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: CNBC
It has prompted a couple of Footsie members to switch their trading currency to the greenback. This has been greeted with some alarm, but is in fact a continuation of a trend that has seen many U.K. companies switch the currency in which they report away from sterling. This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Compass is that rare beast — a British company that is a genuine world leader in its field. The world's biggest contract caterer, which annually serves 5.5 billion meals in schools, colleges, workplaces, hospitals and sporting venues in more than 25 countries, is considered a well-run business. Accordingly, its trading updates tend not to excite, routinely consisting of news on organic sales growth, margin improvements and — with workplace catering operations gradually being outsourced around the world — new business wins. Last week's update, though, brought something more eyebrow-raising Show less Read more
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