London close: Stocks finish weaker after earlier gains

24th Apr 2024 15:09

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

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Mitie slumps as Alchemy sells 40m shares in placing

24th Apr 2024 08:13

(Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.

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Sunday share tips: Mitie, Costain

21st Apr 2024 18:10

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Mitie to its readers, highlighting it shift from facilities management to facilities transformation.

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London close: Stocks slip on renewed geopolitical tensions

15th Apr 2024 15:39

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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Mitie sees annual profit up at least 23%, starts £50m buyback

15th Apr 2024 07:22

(Sharecast News) - Mitie shares soared on Monday as the cleaning-to-security services outsourcer upgraded its annual profit forecast and launched an extra £50m share buyback on the back of record revenues.

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Mitie backs FY profit expectations after record Q3 revenues

25th Jan 2024 10:59

(Sharecast News) - Mitie backed its full-year profit expectations on Thursday as it reported a jump in third-quarter revenues.

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London close: Stocks rise as BoE keeps rates on hold

14th Dec 2023 16:40

(Sharecast News) - London stocks closed higher on Thursday after the Bank of England maintained interest rates at lunchtime, as anticipated.

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London close: Stocks mixed on quiet Friday

24th Nov 2023 15:03

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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Mitie backs full-year guidance as interim profits, revenue rise

23rd Nov 2023 07:36

(Sharecast News) - Mitie backed its recently-lifted full-year guidance on Thursday as it hailed a "good" first-half performance, with profits and revenue higher.

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Mitie acquires GBE Converge in £27m deal

2nd Nov 2023 08:30

(Sharecast News) - Mitie Group announced the acquisition of GBE Converge Group (GBE), an independent provider of fire, security, and information and communications technology solutions, on Thursday.

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London close: Stocks weaker amid Gaza tensions, hot US producer prices

11th Oct 2023 15:01

(Sharecast News) - Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.

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Acquisitions help drive top-line growth for Mitie Group

11th Oct 2023 07:41

(Sharecast News) - Facilities management company Mitie delivered solid top-line growth in the first half, helped by recent acquisitions, and said it expects to increase revenues by 17% over the full year.

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Director dealings: Mitie, Dalata board members invest in shares

5th Oct 2023 13:58

(Sharecast News) - Mitie Group and Dalata Hotel Group reported stock acquisitions by board members on Thursday.

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Mitie buys engineering services firm JCA for £31.5m

4th Sep 2023 07:14

(Sharecast News) - FTSE 250 facilities management group Mitie is spending £31.5m to buy Stevenage-based JC Engineering, a specialist in cooling systems for data centres.

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Mitie Q1 revenue jumps 11%, reaffirms full-year outlook

25th Jul 2023 07:17

(Sharecast News) - Outsourcer Mitie backed its full-year expectations on Tuesday as it reported an 11.4% jump in first-quarter revenue.

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