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Mount Charles boasts 30% growth in Ireland

Outsourcing company, Mount Charles, has seen its turnover grow by just over 30 per cent in the Irish market in the last year, with almost €2.5 million in new cleaning and catering contracts won from its Dublin base. Overall turnover ...

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Pareto FM records fourth year of growth

Pareto FM has reported its annual turnover has risen for the fourth consecutive year. Figures published this week for the year ending September 2018 show its turnover at £9.2 million. The facilities and engineering services provider has achieved 50 per cent ...

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Sodexo reports on revenues for the first quarter of Fiscal 2019

Sodexo has published its revenues for the first quarter of Fiscal 2019, reflecting a “good performance” relative to Fiscal 2018.  Fiscal 2019 first quarter revenues totalled €5.7 billion, up +6.8% compared to the same period in the previous fiscal year. ...

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Interserve shares plunge as rescue plans revealed

Following speculation over the weekend, including a piece in the Financial Times that reported Interserve is in rescue talks as its tries to avoid the fate of Carillion, its shares plunged more than 70 per cent. The support services and ...

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Interserve remains on track

Interserve has provided an update on trading for the first nine months of the year ending 31 December 2018, which sees the Group continuing to trade in-line with management’s expectations. The implementation of the Group’s strategy and the Fit for Growth ...

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Mitie reports ‘Improving prospects for growth’

In its half-yearly financial report, outsourcing firm Mitie has reported revenue from continuing operations for the six months ended 30 September 2018 was £1,040.9m, up 4.0% on the comparable period in the previous year. Strong growth in Security, Cleaning & Environmental ...

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Interserve responds to fears amid its financial position

Interserve has responded in a brief statement to recent press commentary regarding the construction and support services group’s financial position as its share prices tumbled to a 30-year low at the beginning of the week. Concerns over the Group’s health ...

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Sodexo on the right path to enhance productivity

Sodexo has published its annual results for the fiscal year ended 31 August 2018, reporting its figures are in line with those presented in its trading update in March. The results show an increase in organic revenue of 2 per ...

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GRITIT secures investment partner to drive future strategy

Winter services company, GRITIT has entered into partnership with Total Capital Partners (TCP) to help fund and secure its future development strategy. GRITIT provides a range of technology enabled winter services including snow clearance and gritting to over 4,400 sites ...

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Mitie sells pest control business

Mitie Group has announced the sale of Mitie Pest Control Limited to Rentokil Initial plc for a consideration of £40 million, which will be paid in cash at completion, subject to any adjustment for final completion accounts. The majority of the ...

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