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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 ...

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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 ...

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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 ...

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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% ...

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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 ...

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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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Strong track record of delivery continues at Mitie

In its latest trading update for the year ended 31 March 2024, Mitie says its strong track record of delivery continues, with all medium-term targets met or significantly exceeded in FY24, the final year of its Three-Year Plan. The FM ...

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Wates Group reports highest-ever turnover of £2.18bn

Despite a challenging external landscape of high inflation and interest rates, and disrupted supply chains, Wates Group has reported the highest-ever turnover and underlying profit in its 127-year history. With turnover of £2.18 billion, an increase of more than 15 ...

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‘Solid delivery’ for ISS in 2023

Global workplace experience and facilities management firm, ISS, has reported a “solid delivery” in its full year results for 2023. Business momentum was maintained during the last part of 2023, with organic growth of 7.1% in Q4 2023 (Q4 2022: ...

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Compass reports strong growth across all regions

The food and support services business has announced a “strong start to the year” in its trading results for the first quarter ended 31 December 2023. The Group’s organic revenue grew by 11.7% for the three months to 31 December ...

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