Oscillations of magnetic flux tubes are of great importance as they contain information about the geometry and fine structure of the flux tubes. Here we derive and analytically solve in terms of Kummer’s functions the linear governing equations of wave propagation for sausage surface and body modes (m=0) of a magnetically twisted compressible flux tube embedded in a compressible uniformly magnetized plasma environment in cylindrical geometry. A general dispersion relation is obtained for such flux tubes. Numerical solutions for the phase velocity are obtained for a wide range of wavenumbers and for varying magnetic twist. The effect of magnetic twist on the period of oscillations of sausage surface modes for different values of the wavenumber and vertical magnetic field strength is calculated for representative photospheric and coronal conditions. These results generalize and extend previous studies of MHD waves obtained for incompressible or for compressible but nontwisted flux tubes. It is found that magnetic twist may change the period of sausage surface waves of the order of a few percent when compared to counterparts in straight nontwisted flux tubes. This information will be most relevant when high-resolution observations are used for diagnostic exploration of MHD wave guides in analogy to solar-interior studies by means of global eigenoscillations in helioseismology.