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Tag Archives: financials

Q1 trading: Mitie ‘more resilient than expected’

Mitie Group’s trading update for the three-month period ended 30 June 2020 has revealed that although the Covid-19 situation impacted the performance of the business in the first quarter, the company has proved to be “more resilient than expected“, particularly ...

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MSS Group reports a record year for the business

Integrated facilities services provider, MSS Group, has reported record growth in profit and turnover across the company in its year-end accounts. For the year ending 31st March 2020, the company returned a gross profit of 34 per cent with a ...

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ISS reports solid organic growth

In its latest trading update for the period 1 January – 31 March 2020, global facilities services firm, ISS has reported solid organic growth despite significant Covid-19 impact towards the quarter-end. Revenue increased by 2.4% year-over-year in Q1 2020 with ...

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Vacherin exceeds predictions with 14% turnover increase on previous year

Boutique London caterer, Vacherin, has published its financial results for its final full year as an independent company under the stewardship of Mark Philpott, Clive Hetherington and Phil Roker prior to joining the CH&Co family at the end of February. ...

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Compass Group closes 55% of its businesses as a result of country lockdowns

In the latest trading update from Compass Group, the multinational food and support services company has seen 55% of its businesses closed due to country lock downs as a result of the coronavirus pandemic. The Group’s Sports & Leisure division ...

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Serco faces the Coronavirus crisis from a position of ‘relative strength’

Serco has provided an unscheduled update on its current trading and its approach to meeting the challenge of the Coronavirus. The company has reported that although the financial results for March have not yet been consolidated, early indications are that ...

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Covid-19 crisis sees ENGIE withdraw its 2020 guidance

ENGIE has reported the Covid-19 health crisis is having a “significant impact” on some of its customers and operations, and as the impact on the Group’s financial statements remains at this stage unquantifiable and subject to uncertain assumptions regarding the ...

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ISS provides update relating to IT security incident and COVID-19

Global facilities services firm, ISS, has reported organic growth for January 2020 was strong and above its expectations at 7 per cent. The business stated it has “continued to perform and deliver uninterrupted service to the vast majority of clients” ...

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Sodexo expects an impact of around €2bn on annual revenues due to Coronavirus pandemic

In a recent announcement, Sodexo has stated its Fiscal 2020 H1 landing to be published on April 9, 2020 is expected to be “in line” with internal forecasts and aligned with the Fiscal 2020 annual guidance. The global support services ...

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Morgan Sindall Property Services contributes to Group’s positive results

Repairs and maintenance specialist, Morgan Sindall Property Services, has helped to deliver positive group preliminary results for the year end of 2019. The construction and regeneration group, Morgan Sindall Group plc delivered strong profit growth in 2019, with adjusted profit ...

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