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Tag Archives: trading update

Compass reports another strong year

Compass Group has reported a strong performance in its full year results for the year ended 30 September 2019, despite a challenging trading environment in Europe. Revenue for the Group increased by 6.4% to £25.15 billion on an organic basis, ...

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ISS boasts strong organic growth

In ISS’ latest trading update revenue increased by 6.3% in the first nine months of 2019 and 8.9% in Q3 (Q2 2019: 5.0%). Organic revenue grew by 6.8% in the first nine months of 2019 and 8.4% in Q3 (Q2 ...

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Kier post-close update warns of £100m shortfall in turnover

Kier Group has provided an update on net debt, trading and strategic initiatives, following the close of its 2019 financial year. As at 30 June 2019, the Group’s net debt was £167 million. Its average month-end net debt for the 2019 ...

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Interserve’s rescue plan is making good progress

International support services and construction group, Interserve, has released a trading update ahead of the announcement of its 2017 full year results stating overall 2017 trading performance before exceptional items is consistent with the trends outlined in the October market ...

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Interserve issues another profit warning

Interserve has issued its second profit warning in the space of two months which shows a slow down in trading in the third quarter from that reported in the first half. The international support services and construction group is now ...

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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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ISS announces financial results for first half of 2017

ISS has reported a continued growth in total revenue and stable margins in its interim financial report for the first six months of 2017. Total revenue increased by two per cent in H1 and Q2, driven by organic growth which grew ...

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Mortice reports ‘strong performance’ in latest trading update

AIM-listed security and facilities management company, Mortice has reported its financial results for the year to 31 March are expected to be ahead of current market expectations following a strong performance of its combined existing and acquired businesses. In the ...

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Mitie writes down £50m and cuts 160 job roles

Mitie has announced in an update for the financial year ended on 31st March 2017 it has cut 160 jobs in the first wave of a new cost reduction programme and expects to write-down its balance sheet by up to ...

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Tenon FM is the new name for O&G

Tenon FM logo

Confirming its progress since becoming part of the Tenon Group of companies, from 3 April O&G is now trading as Tenon FM. The name change, new brand and new web site reflects the success of the wider group that operates ...

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