CMA ends probe into Mitie Home Office contracts

14th Feb 2023 07:03

(Sharecast News) - Mitie said on Tuesday that the Competition and Markets Authority has closed its investigation into alleged anti-competitive behaviour regarding contracts at Heathrow and an immigration removal centre.

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Mitie on track to meet full-year expectations

26th Jan 2023 07:52

(Sharecast News) - Facilities management company Mitie said on Thursday that it was on track to meet full-year expectations as it hailed continued underlying revenue growth.

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UK's CMA drops probe into Mitie over detention centre contracts

7th Dec 2022 07:37

(Sharecast News) - Britain's competition regulator has dropped a probe into outsourcer Mitie over a procurement process for immigration removal centre contracts run by the Home Office, the company said on Wednesday.

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Outsourcer Mitie ups full-year guidance

17th Nov 2022 08:05

(Sharecast News) - Outsourcer Mitie lifted its full-year operating profit guidance on Thursday as it posted a rise in interim revenues but a drop in profit amid fewer Covid-related contracts.

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Mitie Q1 trading 'strong', revenues grow

26th Jul 2022 07:42

(Sharecast News) - Facilities management outfit Mitie said on Tuesday that Q1 trading had been "strong", with the group witnessing continued good momentum throughout the period.

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Mitie reinstates dividend, unveils £50m buyback on return to profit

9th Jun 2022 07:25

(Sharecast News) - Detention centre and building facilities operator Mitie reinstated its dividend and unveiled a £50m share buyback as it swung to a full-year profit, boosted by new contract wins.

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Deloitte fined £1.45m over Mitie auditing failures

21st Apr 2022 09:03

(Sharecast News) - Accounting firm Deloitte has been fined £1.45m by Britain's accounting watchdog after failures in its audit of outsourcer Mitie Group.

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Mitie buys telecom tower designer P2ML for £2.1m

1st Apr 2022 07:13

(Sharecast News) - Mitie Group said it had bought P2ML, a specialist telecoms tower design company for £2.1m on a cash and debt-free basis.

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UK regulators raid Mitie London offices - report

30th Mar 2022 07:40

(Sharecast News) - UK competition investigators have raided the offices of outsourcer Mitie and are examining the emails of senior staff, after the Home Office raised concerns about suspected anti-competitive behaviour, according to media reports on Wednesday.

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Mitie lifts full-year profit guidance

27th Jan 2022 07:57

(Sharecast News) - Outsourcer Mitie lifted its annual profit guidance again on Thursday as it highlighted higher-than-expected revenue from Covid-related contracts in the third quarter.

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Mitie reinstates interim dividend, maintains full-year guidance

18th Nov 2021 08:56

(Sharecast News) - Facilities management and outsourcing company Mitie reported a 103% improvement in first-half revenue on Thursday, to £1.91bn, including its share of joint ventures and associates.

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Mitie agrees to terms for refinancing of £120m in US private placement notes

5th Nov 2021 08:36

(Sharecast News) - Strategic outsourcing and energy services company Mitie has agreed to terms with Pricoa Private Capital and NYL Investors over the issuance of £120.0m in US private placement notes.

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Mitie acquires Rock Power Connections in £10m deal

1st Nov 2021 08:47

(Sharecast News) - Mitie Group has acquired Rock Power Connections, it announced on Monday, which specialises in the design and installation of new high voltage electricity supplies, the renewal of industrial and commercial customers' electrical assets up to 132kV, and electric vehicle (EV) charging installation for non-residential blue-chip customers.

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Mitie lifts profit guidance as it wins more Covid contracts

24th Sep 2021 07:02

(Sharecast News) - Facilities management company Mitie Group lifted annual profit guidance after a strong second quarter boosted by the award of more Covid-19-related contracts and a return to office work after lockdowns.

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Mitie lifts profit guidance as it wins more Covid contracts

24th Sep 2021 07:02

(Sharecast News) - Facilities management company Mitie Group lifted annual profit guidance after a strong second quarter boosted by the award of more Covid-19-related contracts and a return to office work after lockdowns.

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