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Tag Archives: profits

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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Mitie predicts flat profits ahead of half-year results

Mitie has published its pre-close statement on the Group’s expected performance ahead of reporting 1H 18/19. Results are in line with expectations, the majority of businesses are performing well and the transformation programme ‘Project Helix’ is progressing to plan. Operating ...

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City FM Holdings sees its profits grow

City Facilities Management Holdings has reported a 33 per cent increase in group turnover to £617 million. The company’s results show a £154 million increase from 2015, which includes a 40 per cent increase in turnover from City’s facilities management ...

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Vivark boasts record results in its end of year report

Facilities management provider, Vivark has announced a 150 per cent increase in turnover to £25.94 million and a fivefold increase in profits to £1 million in its annual report, running 2013-14. This financial growth accompanies increased outputs for the North West-based ...

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Serco sees profits plunge by 59%

Poor trading in the first half of the year has seen Serco’s profits plunge by 59 per cent. A direct result of the company failing to secure new work, falling margins, restructuring costs and loss making contracts. Operating profit dropped to £50.7 ...

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Mitie capitalises on new business but not new brand!

Mitie has woken up this morning feeling totally reenergised and inspired as it announces a new makeover of the MITIE brand including a welcome (from a journalistic point of view) drop of the capitalisation of its name. Along with the ...

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IPO ‘remains an option’ as ISS publishes ‘robust’ results

ISS has confirmed an initial public offering (IPO) ‘remains an option’ for the company as it publishes quarterly report, in which the facilities and support services firm says it has produced ‘robust operating results’ and ‘strong cash flow’. The announcement regarding ...

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Norland rises up the Sunday Times Top Track 250

Fast-growing facilities management provider Norland, has been ranked 53rd in the Sunday Times Grant Thornton Top Track 250 – a rise of 49 places on last year. Published on Sunday (October 13), the league has ranked Britain’s leading mid-market private companies for the ...

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Carillion boosts order book by £2.9bn in ‘robust’ first half year

International construction and support services company, Carillion has produced a robust first-half performance despite challenging market conditions. New order intake was strong, with £2.9 billion of new orders and probable orders in the first half of the year (2012: £2.2 ...

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ISS announces solid organic growth & new chair as Ole Anderson steps down

International cleaning, FM and support services provider, ISS has delivered on its promise of good organic growth for 2013. Revenue in the first half of 2013 for the outsourced service provider was DKK 39.6 billion (approx £4.54 billion) which was driven ...

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