Investegate |MITIE Group PLC Announcements | MITIE Group PLC: Director/PDMR Shareholding investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
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.
Mitie forecasts better year as customers start to spend again cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.