Mitie wins £100m deal with Santander

10th Jul 2009 07:29

Support and maintenance services supplier Mitie has made a steady start to the year with revenues booked already at 78% of the expected total for the year. This time last year the total booked was 83%. Group earnings for the year to March are developing in line with management's expectations, Mitie added. Facilities Management is benefiting from a move to outsource more as companies and public bodies look to cut costs, but trading conditions in property management and asset management businesses remain challenging in areas including interior fit-out and new build housing related activities. Mitie added it has won a three-year integrated facilities management contract in the financial services sector with Santander, owner of Abbey and Alliance & Leicester. This contract, with a total value of £100m, will cover Santander's entire UK corporate Head Office buildings portfolio of 33 sites in England, Scotland and Northern Ireland."The board remains confident in Mitie's prospects for the future," it added.