Compass Group, the world's biggest catering firm, aims to maintain its organic revenue growth rate of five per cent.

That came as it reported a 5.8 per cent rise in full-year underlying revenue on the back of strong demand in the United States.

Chief executive Richard Cousins said he saw no reason why the company could not maintain its current target.

"Our outlook for 2016 is another good year. We feel optimistic," he said. "Our growth rate over the last ten years had averaged around five per cent and we think we can maintain that."

Compass, which says it serves around four billion meals a year, saw revenue rise to £17.8 billion for the year ended September 30. Operating profit rose 4.6 per cent to £1.3bn.

But the company also reported £26 million of restructuring costs, after a warning in July that it had seen a slowdown in demand in Brazil, Turkey and Australia.

Its offshore and remote business, which provides catering to the oil and gas and commodities sectors, had also seen a fall in demand due to a global slowdown in the market.

A remaining £20m to £25m of restructuring costs are expected to be incurred in 2016.

"Medium to longer term, it's a really strong business model," Numis analyst Wyn Ellis said.

"I just feel at the moment it's difficult for them to really move strongly ahead whilst you've got the headwinds of offshore and remote and emerging market weakness."

The company reported a 7.9 rise in revenue in North America, which accounts for 52 per cent of the group total, and said it had seen accelerated growth in Europe and Japan of 1.9 per cent.

Revenue in its Fast Growing and Emerging markets division also rose 11 per cent, which helped to offset weakness in Australia.

Compass, which operates in more than 50 countries, raised its full-year dividend by 10.9 per cent to 29.4 pence per share.