Global workplace experience and facilities management firm, ISS, has reported a robust first nine months with continued business improvements in its trading update for 1 January – 30 September 2024. Organic growth was 4.8% in Q3 2024 (Q3 2023: 9.3%) ...
Read More »Workplace and built environment responds to a ‘tough’ Autumn budget
Chancellor Rachel Reeves vowed yesterday to ‘restore stability to our country again’ by stabilising the UK’s finances while also rebuilding public services. However, industry commentators within the built environment described the budget as ‘a tough one for business’, due to ...
Read More »Sodexo delivers a ‘strong set of numbers’ for FY24
Sodexo’s Full Year Group Results for Fiscal 2024 report a strong financial delivery in a year of structural transformation for the food services and facilities management company. Group revenues increased +5.1% year-on-year driven by organic growth of +7.9%. The year benefited ...
Read More »Mitie continues with good trading momentum
The FM provider has released its latest trading update for the three-month period ended 30 June 2024 (Q1 FY25), which reports growth in revenue of 10.5% to £1,164m compared with the same quarter last year (Q1 FY24: £1,053m). Mitie says ...
Read More »Serco increases full-year guidance following ‘good progress’
Serco has updated its full-year guidance for 2024 having reported “good progress” in the first six months. The outsourcing firm reports that group revenue is in line with expectations at around £2.4bn, and underlying operating profit is ahead of plan ...
Read More »NG Bailey bounces back to profit
Independent engineering and services business, NG Bailey, has reported a return to profitability as it delivers on its diversified business strategy and continues to play a key role in the decarbonisation of the UK economy. For the year ending 1 ...
Read More »Mitie delivers record revenue
In its Full Year results for the year ended 31 March 2024 Mitie’s strong track record of delivery continues with all medium-term targets met or significantly exceeded in FY24. The technology-led Facilities Transformation company reports record revenue up 11% to ...
Read More »Compass delivers ‘strong set’ of half year results
The food and support services business has announced double-digit organic revenue growth across all regions in its half year trading results for the six months ended 31 March 2024. The group reports a strong underlying operating profit growth of 18.7% ...
Read More »Promising start to the year for ISS
In its latest trading update for the period 1 January-31 March 2024, ISS has reported a promising start to the year. With continued business improvements, organic growth was 6.0% in Q1 2024 (Q1 2023: 12.0%), mainly driven by successful implementation ...
Read More »Solid first half performance for Sodexo
Sodexo’s results for first half Fiscal 2024 show consolidated revenues were at 12.1 billion euros, up +4.5% year-on-year. Group organic revenue growth was +8.5%, with the most significant drivers continuing to be increased attendance, new business and pricing. Food services ...
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