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Mitie reports modest growth in 'defining year' | 10 June 2021


10 June 2021 | 07:41am
StockMarketWire.com - Mitie Group has reported a modest rise in revenue for the 12 months to the 31 March, 2021, rising to £2,560 million, in what the company has described as a defining year of strategic progress .
For the same period in 2020, the company s revenue was £2,174 million.
Operating profit was down for the period at £63.4 million compared with £86.1 million a year prior due to revenue mix and reduced project work because of the Covid-19 pandemic.
During the year, Mitie acquired Interserve Facilities Management which it said has performed better than expected and accelerated value creation. In full year 2021, it achieved £6.2 million in cost and revenue synergies. ....

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Mitie forecasts better year as customers start to spend again

Mitie forecasts better year as customers start to spend again
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