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Pareto FM reports 55% growth in turnover

Pareto FM has seen its annual turnover rise for the fifth consecutive year. Figures published this week for the year ending September 2019 show a 55 per cent growth in turnover to £14.1 million. The facilities and engineering services provider ...

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FRC announces delay on Carillion first-stage report

UK audit watchdog, the Financial Reporting Council (FRC) has announced the first stage of its investigation into the financial statements of collapsed British multinational facilities management and construction services firm, Carillion, is now expected to be completed by the summer ...

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Sodexo reports on revenues for the first quarter of Fiscal 2020

Support services firm, Sodexo, has reported revenue growth as “solid” for the first quarter of Fiscal 2020. Consolidated revenues in the first quarter totalled €6.1 billion, up +7.1% year-on-year, with organic revenue growth at 3.8%, which Sodexo says is “in ...

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Compass reports another strong year

Compass Group has reported a strong performance in its full year results for the year ended 30 September 2019, despite a challenging trading environment in Europe. Revenue for the Group increased by 6.4% to £25.15 billion on an organic basis, ...

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Mitie reports a rise in revenues in half-year results

Facilities Management and professional services company, Mitie, has released its half-year results for the financial year ending 30 September 2019 (HY 19/20). Key financial highlights see revenue from continuing operations up 11% to £1,078.0m , mainly due to the contribution ...

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Edwin James Group reports c. £140 million turnover

Facilities engineering business, Edwin James Group has achieved an annual revenue of circa £140 million for the 12-month period ending February 2019. Underlying earnings are on plan according to the group, following another year of growth. These figures it says ...

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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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