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Sodexo reports growth in revenue

Sodexo’s latest financial results, Fiscal 2019, report consolidated revenues totalled €22 billion up +7.6% year-on-year. Organic revenue growth for fiscal 2019 grew +3.6%, which is above the company’s revised guidance of “around +3%” in July 2019. Underlying operating profit margin ...

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ISS boasts strong organic growth

In ISS’ latest trading update revenue increased by 6.3% in the first nine months of 2019 and 8.9% in Q3 (Q2 2019: 5.0%). Organic revenue grew by 6.8% in the first nine months of 2019 and 8.4% in Q3 (Q2 ...

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Mace Macro reports best performing year to date

Mace Macro, the facilities management arm of global consultancy and construction firm, Mace, has reported in the Group’s latest annual report a 20 per cent increase in turnover (£144 million) in 2018 – driven by organic growth and strong client ...

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CH&CO increases turnover to £286m

Independent caterer and Royal Warrant holder, CH&CO, has reported a 19 per cent increase in annual turnover to £286 million in its annual accounts for the financial year ending 31 December 2018. The latest results, which are in line with ...

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ISS reports H1 revenue and organic growth

In ISS’ latest financial results revenue increased by 5.0% in H1 and 5.0% in Q2 (Q1 2019: 4.9%), driven by organic growth and positive currency effects, partly offset by negative net impact from acquisitions and divestments of 1.5%. Organic revenue ...

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NG Bailey reveals strong financial performance for 2018/19

NG Bailey has reported a 16 per cent increase in turnover to £556 million, with underlying operating profit also increasing from £13.7 million to £19.4 million for the 12 months ended 1 March 2019. The independent engineering and services group, ...

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Kier post-close update warns of £100m shortfall in turnover

Kier Group has provided an update on net debt, trading and strategic initiatives, following the close of its 2019 financial year. As at 30 June 2019, the Group’s net debt was £167 million. Its average month-end net debt for the 2019 ...

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Sodexo Q3: Organic growth “better than expected”

Sodexo has published its results for the first nine months of Fiscal 2019, reporting organic growth above expectations at 3.5%. On-site Services organic revenue grew +3.2% reflecting continued improvement in North America, at +1.8% for the period, resulting from a first ...

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Interserve owed creditors in excess of £100m

Companies House filings show Interserve owed its creditors in excess of £100 million when it went into administration in March 2019. In total, Interserve owed £55.4 million to its secured creditors and another £50.5 million to its unsecured creditors. The ...

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Mitie makes ‘good progress’ in a challenging market

Facilities Management and professional services company, Mitie, has released its full-year results for the financial year ending 31 March, 2019 (FY18/19). Key financial highlights see an increase in revenue up 9.4% to £2.2 billion (FY 17/18: £2.0 billion) with organic ...

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