Mortice loses 18pc of UK revenue as it fails to renew major contract
27th Sep 2018 14:39
(Sharecast News) - Security and facilities management company Mortice announced on Thursday that its subsidiary Tenon FM lost a competitive bid for its existing UK contract with University College London (UCL).
Read moreMortice performs well despite UK challenges
23rd Aug 2018 14:20
(Sharecast News) - Security and facilities management company Mortice announced its audited results for the year ended 31 March on Thursday, reporting a 21% rise in revenues to $219m.
Read moreMortice expects results to be broadly in line with prior year
1st Aug 2018 14:47
(Sharecast News) - Security and facilities management company Mortice updated the market on its trading for the 12 months ended 31 March on Wednesday, reporting a 21% improvement in revenue to $219m.
Read moreMortice hires new CFO after rapid first-half growth
10th Jan 2017 09:14
(ShareCast News) - Mortice, an AIM listed security and facilities management company, has appointed Sandeep Kumar Gupta group chief financial officer with immediate effect as it continues to grow at a rapid pace. According to interim result released between Christmas and New Year's Eve, group revenu
Read moreMortice's revenue surges as it gains nearly 260 new clients
28th Dec 2016 11:29
(ShareCast News) - AIM-listed facilities manager Mortice's interim revenue surged as it gained nearly 260 clients including Amazon, Samsung, Procter & Gamble and Renault Nissan. Revenue climbed 79% to $91.1m for the six months ended 30 September, compared to last year, while revenue from the Man Gua
Read moreMortice growth in line with expectations in first half
17th Oct 2016 09:22
(ShareCast News) - Mortice Limited, an AIM listed security and facilities management company, is on track to meet its expectations for the first half ended 30 September 2016. The India based firm reported year-on-year revenue growth of over 57%, including the first full contributions from its acquis
Read moreMortice FY revenues up on acquisitions but pre-tax profits lower
30th Aug 2016 12:32
(ShareCast News) - AIM-listed security and facilities management company Mortice said full year pre-tax profits fell to $1.6m from $2.2m reflecting the impact of one-off acquisition costs totalling $0.75m. Revenues rose to $133.5m from $88.4m as the firm added 300 clients and took over UK-based prop
Read moreRevenues grow at expanded Mortice
22nd Dec 2015 15:43
(ShareCast News) - Mortice saw a period of expansion in its half year report on Tuesday, although profits took a tumble. The AIM-listed security and facilities management firm saw revenues grow 19% in the six months to 30 September, to $51m (£34.36m). Its EBITDA, however, plummeted 40% to $1.28m, a
Read moreMortice to buy Office & General for up to £6.5m
4th Aug 2015 12:36
(ShareCast News) - Mortice has conditionally agreed to buy UK-based property service company Office & General Group for up to £6.5m in cash and stock. The AIM-listed security and facilities management company said that once completed, the deal is expected to be immediately earnings-enhancing. The £
Read moreMortice's annual results in line but misses profit expectations on increasing costs
18th Jun 2015 11:48
Security and facilities management group Mortice forecast its full year revenues to be in line with market expectations, but it will miss its profits forecasts due to additional costs. Investment growth has driven revenues up by 20% against the previous year, helped by a competitive pricing in the f
Read moreMortice announces new CEO and CFO
20th Dec 2012 09:11
Mortice announced Thursday the appointment of Basil Arun Keelor as Group Chief Executive Officer (CEO) and Vishnu Sultania as Group Chief Financial Officer (CFO). The AIM-listed security and facilities management company said the new CEO and CFO would start immediately. Keelor is an ex-marine eng
Read moreMortice jumps into profit
8th Aug 2011 08:43
AIM listed Mortice leapt into the black, hailing a "truly momentous" year for the firm. The India-focused security and facilities management company posted pre-tax profits of $1.28m for the year to the end of March. This compared to a loss of $0.71m the previous year, as revenues grew by 52%. Man
Read moreSmall caps round-up: Connemara Mining, Circle Oil, Kenetics...
21st Jun 2010 11:34
Irish zinc explorer Connemara Mining has intersected additional high grade zinc-lead mineralisation 400m to the southwest of the Stonepark North discovery in Limerick. "The Stonepark discovery in Limerick is getting bigger and better," said chairman John Teeling. Circle Oil is "even more convince
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