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Tag Archives: business

CS Group introduces new service lines 

Aberdeen-based business support services company, CS Group, has introduced two new supporting service lines to the business, as part of its significant growth plans. The company currently comprises of contract cleaning pillar, CSG Clean, and packaging and office supplies pillar, ...

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Jobs secured as buyer found for commercial cleaning firm

Almost 2,000 jobs have been saved following the sale out of administration of facilities management businesses, Ecoserv Group Limited, Ecoserv Cleaning Limited and Ecoserv Technical Services Limited. Ian Corfield and Simon Stibbons, partners at specialist business advisory firm FRP, were ...

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Compass reports growth across all regions

Compass Group has provided a trading performance update for the three months ended 31 December 2022 ahead of the Company’s Annual General Meeting, which is taking place today. In the first quarter of the year, the Group’s organic revenue grew ...

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YorPower unveils new company structure

YorPower, PPSPower and Glenace, which have been working together as ‘one family’ for some time have now merged and are operating under the YorPower name. From this point onwards, all companies within the group now use the same systems, have ...

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Mitie on track to meet full year expectations

In its latest trading update for the three-month period ended 31 December 2022 (Q3 FY23), Mitie says it has delivered an encouraging performance in the third quarter of the year, with revenue growing sequentially each quarter during FY23. Revenue Third ...

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Challenges and opportunities facing the contract cleaning market

The UK contract cleaning market continues to be supported by high levels of spending in the public sector, despite challenging headwinds in the commercial cleaning market in 2022, according to MTW Research. MTW’s analysis of more than 90 leading contract ...

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Compass Group’s revenues exceed 2019 levels

Compass Group’s Full Year results for the year ended 30 September 2022 showed the food and support services provider has achieved the significant milestone of global revenues exceeding their 2019 levels, with all sectors and regions now trading above their ...

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Mitie increases full year guidance

Mitie’s performance for for the six month period ending 30 September 2022 has been strong, according to the Group’s half year results. The Group says revenue was £1,923 million as a result of new contract wins and and recent acquisitions ...

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Sodexo makes ‘good progress’ in Fiscal 2022

Sodexo’s Full Year Group Results show a strong increase in revenues and profitability in Fiscal 2022. Q4 saw the global facilities provider return to pre-Covid levels, with Sodexo reporting Fiscal 2022 consolidated revenues had reached 21.1 billion euros, up +21.2% ...

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Significant growth at Kingdom Cleaning

The cleaning and soft services provider has reported significant growth following a number of new business wins, appointments, and acquisitions. In July 2022, Kingdom Cleaning acquired The Colvin Cleaning Group, as well as taking over Facilicom UK in 2021 in a ...

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