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Growth funding boost for Edwin James Group

The engineering services group has received a secondary investment from funds under management by private equity firm Aliter Capital LLP, which will support the company’s ambitious growth plans. Edwin James Group, helps some of the biggest brands in the UK ...

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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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Tough talk

“Get up, get to it, do a good job.” Ten experts on how FM can build resilience in times of crisis. By Jo Sutherland, MD, Magenta Associates In January 2023, the UK enjoyed headlines such as – “The UK recession ...

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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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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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ISS sets out next phase of its OneISS strategy

ISS has presented the next phase of its OneISS strategy and new financial targets at its Capital Markets Day held at Canary Wharf in London. ISS stated that the company’s journey is evolving from a period of turnaround to a new ...

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ISS reports ‘strong growth momentum’ in latest trading update

In its latest trading update for the period 1 January – 30 September 2022, ISS has reported “strong growth momentum” as it enters the next phase of its OneISS strategy. Organic growth was 8.1% in Q3 2022 (Q3 2021: 2.8%), ...

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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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Edwin James Group reports strong results

Despite the continued disruption of the pandemic, the engineering services group is reporting a six per cent increase in revenue to £144 million and a two per cent improvement in EBITDA margin for the year ending February 2022. Edwin James ...

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