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Tag Archives: trading update

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 ...

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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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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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‘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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Mitie reports record quarterly revenue in latest trading update

The FM provider has released its latest trading update for the three-month period ended 31 December 2023 (Q3 FY24), which reports record quarterly revenue growth and reiterates full year guidance for operating profit of at least £190m. Q3 FY24 saw ...

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Strong revenue and profit growth at Mitie

Mitie’s half year results for the six month period ending 30 September 2023 (1 FY24) show the Group has delivered a good financial performance and made further strategic progress in the final year of its current Three-Year Plan (FY22 – ...

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Edwin James Group sees revenues increase by 22%

The engineering services provider has reported a robust set of results for the year ending February 2023. Edwin James Group stated turnover increased to £175m from £145m in 2022, and EBITDA increased by 16% year-on-year despite the challenging economic environment. ...

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