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Tag Archives: financials

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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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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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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Mite delivers a ‘strong performance’ in Q3

Mitie’s Q3 trading update for the three-month period ending 31 December 2020 states the group achieved a “strong performance” in the third quarter of the year as the Covid-19 lockdown measures were eased. Organic revenue for the three months ended ...

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Sixth year of consecutive growth for Pareto FM

Pareto FM has reported its annual turnover has risen for the sixth consecutive year despite seven months of trading being impacted by Covid-19. Figures published for the year ending September 2020 show a 15 per cent growth in turnover to ...

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2020: A ‘year of two halves’ for Compass Group

According to Compass Group, 2020 has been a “year of two halves” for the company, which began the year on track to deliver its strongest performance ever before the Covid-19 pandemic led to all  of its Sports & Leisure business ...

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Mitie’s first half performance ‘more resilient than expected’

Mitie has reported that its financial performance in the six months to 30 September 2020 has been “more resilient than expected, with an improvement in the second quarter” due to the easing of lockdown rules. The firm stated that its ...

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Edwin James Group reports 15% increase in turnover

The facilities engineering and technical services company has reported strong trading following growth across all of its core market sectors. Edwin James Group’s annual results saw turnover rise 15 per cent to £153 million with an increase in earnings (EBITDA) ...

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