Mitie to sell document management business for ?40m

23rd Aug 2021 07:29

(Sharecast News) - Mitie has agreed to sell its document management business to outsourcer Swiss Post Solutions (SPS) for £40m.

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Mitie acquires DAEL Ventures for £15m

5th Aug 2021 08:42

(Sharecast News) - Outsourcing and energy services company Mitie has acquired DAEL Ventures as part of an effort to broaden its expertise in the fast-growing telecoms sector.

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Wednesday broker round-up

28th Jul 2021 10:15

(Sharecast News) - FDM Group: Numis upgrades from 'hold' to 'add', raises target from 1,050.0p to 1,250.0p.

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Mitie revenues double in first quarter, boosted by acquisition

27th Jul 2021 12:24

(Sharecast News) - Mitie said on Tuesday that group revenues doubled in the first quarter following the acquisition of Interserve's facilities management business, sending shares in the outsourcer sharply higher.

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How Group sells entire stake in Mitie

17th Jun 2021 07:56

(Sharecast News) - Mitie said on Thursday that How Group has sold its entire stake in the outsourcer.

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Interserve acquisition drives growth at Mitie as it lifts expectations

10th Jun 2021 07:38

(Sharecast News) - Energy services and outsourcing company Mitie reported "good" trading resilience through Covid-19 in its full-year results on Thursday, with revenue, including its share of joint ventures and associates, rising 19.1% to £2.59bn.

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Monday broker round-up

1st Feb 2021 13:44

(Sharecast News) - Polymetal International: Berenberg reiterates buy with a target price of 2,310p.

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Mitie holds back guidance after first-half profit drop

19th Nov 2020 09:56

(Sharecast News) - Mitie failed to provide financial guidance for the year as the facilities management company reported a 44% drop in first-half profit.

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CMA clears Mitie's acquisition of Interserve Facilities Management

17th Nov 2020 08:32

(Sharecast News) - Mitie shares rallied on Tuesday after the Competition and Markets Authority approved its acquisition of Interserve's cleaning and maintenance business.

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Mitie Q2 trading 'more resilient than expected'

4th Nov 2020 08:31

(Sharecast News) - Facilities management company Mitie Group said on Wednesday that trading had continued to be "more resilient than expected" in the second quarter.

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Mitie Q1 revenues fall after contract loss

28th Jul 2020 10:04

(Sharecast News) - Outsourcer Mitie posted an 11% drop in first-quarter revenue on Tuesday, partly due to the loss of a major contract.

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Regulator drops inquiry into Mitie's financial statements

15th Jul 2020 08:06

(Sharecast News) - The accountancy regulator has closed an investigation into Mitie's financial statements after an inquiry that lasted almost three years.

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Mitie tumbles as rights issue shares admitted

14th Jul 2020 11:09

(Sharecast News) - Outsourcer Mitie was under the cosh on Tuesday after its right issue shares were admitted following the company's acquisition of Interserve's facilities management arm last month.

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Mitie launches £201m rights issue and buys Interserve business

25th Jun 2020 08:25

(Sharecast News) - Mitie Group launched a £201m rights issue as the outsourcing company announced higher annual profit and the £271m acquisition of Interserve's support services business.

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Mitie backs guidance, hails improvement in net debt

28th Apr 2020 10:23

(Sharecast News) - Facilities management company Mitie said on Tuesday that full-year operating profit and revenue are set be in line with guidance given earlier in the year as it highlighted an improvement in net debt.

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