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Tag Archives: trading update

ISS off to a good start in 2022

ISS’ latest trading update for the period 1 January – 31 March 2022 has reported a “good start” to the year. Organic growth was 5.4% in Q1 2022 (Q1 2021: (5.6)%), driven by return-to-office trends in large markets, price increases ...

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Sodexo reports strong half-year results

Sodexo’s results for first half Fiscal 2022 show Group revenue was 10,262 million euro, up +19.4%, with strong recovery coming through in all segments that were severely impacted by Covid. Group organic revenue growth was +16.7%, back up to 95% ...

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Wates Group reports highest ever operating profit

Family-owned construction, property services and residential development company, Wates Group, has reported its highest ever operating profit of £40 million. The business secured £2.3 billion of new work during 2021 and ended the year with a record forward order book of £7.1 ...

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Compass reports continued improvement across all sectors

Compass Group has reported an encouraging start to the year following continued improvement across all sectors in its Q1 trading update for the three months ended 31 December 2021. Group organic revenue grew by 38.6% in the first quarter, with ...

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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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Serco increases 2020 forecasts following strong revenue growth in Q3

Outsourcing firm, Serco Group, has provided an unscheduled update on the outlook for trading in 2020. In a recent trading update statement, the international provider of services to governments says it has achieved “strong revenue growth in the third quarter” ...

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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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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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