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Compass to focus on growth following a year of strong financial recovery

Compass Group has delivered a strong year of recovery following the impacts of the pandemic last year, supported by record new business wins and client retention. In its published full year results for the year ended 30 September 2021, the ...

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Edwin James to create new jobs as its order book grows

The asset engineering group has reported that over the last financial year, sales fell by 11 per cent due to the pandemic while profits held up well. However, following a series of contract wins, the company is announcing a record ...

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ISS upgrades 2021 financial outlook

In its latest trading update for the period 1 January – 30 September 2021, global facilities services firm, ISS, reports a financial turnaround that is “on track”. The group’s interim results show organic growth was 0.7% in the first nine ...

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Mitie increases profit forecast

In its latest trading update, Mitie Group has reported a “continued strong trading performance for the year”, and a new Revolving Credit Facility (RCF). In the group’s first quarter trading update (on 27 July 2021) Mitie reported that it had ...

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ISS reports important milestones have been achieved in its latest trading update

In its latest trading update for the period 1 January – 30 June 2021, global facilities services firm, ISS, says important milestones have been achieved in the turnaround execution of the business. The group’s interim results show organic growth was ...

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Morgan Sindall Property Services contributes to parent company results

Repairs and maintenance specialist Morgan Sindall Property Services (MSPS) has contributed to half year results released by parent company Morgan Sindall Group plc. The construction and regeneration group’s latest figures report a record set of results for the first half ...

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FY21 a ‘defining year’ for Mitie

This year has been a “defining year” for Mitie with the company completing its four year transformation programme based around the four pillars of Customer, People, Technology and Balance Sheet/Cost, and upholding “good trading resilience” through Covid-19. In the group’s ...

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BAM Construct UK reports a rise in profits in 2020

BAM Construct UK has published its latest report and accounts for 2020 which show profit before tax increased to £13.7m (2019: £9.4m). Revenues across the design, construction, facilities management and property development businesses reduced by 15% to £793.1m (2019: £930.5m) ...

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Sodexo Group posts solid half year results but remains cautious over Covid

Sodexo Group has posted a better than expected underlying operating profit margin of 3.1 per cent for the six-month period through February, but warns that with continuing uncertainty due to the pandemic, it expects little improvement in the quarter on ...

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Morgan Sindall Property Services contributes to group’s robust performance

Repairs and maintenance specialist, Morgan Sindall Property Services, has contributed to Morgan Sindall Group’s strong performance for the year end of 2020. The construction and regeneration group’s latest figures demonstrate resilience throughout the pandemic, delivering an adjusted operating profit of ...

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