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The latest announcement is out from Mitie Group plc ( (GB:MTO) ).
Mitie Group plc reported a record quarterly revenue increase of 15% year-on-year for Q3 FY25, reaching £1,317m, driven by strong operational delivery and strategic initiatives. The company completed two strategic infill acquisitions and continued its £100m share buyback program. Mitie remains on track to deliver an operating profit of approximately £225m for FY25, with confidence in future growth supported by new contract wins, extensions, and a robust market position.
More about Mitie Group plc
Founded in 1987, Mitie Group plc is the UK’s leading technology-led facilities transformation company. It partners with around 3,000 blue chip customers across public and private sectors, employing 72,000 colleagues.
YTD Price Performance: 5.27%
Average Trading Volume: 2,779,478
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.42B
See more insights into MTO stock on TipRanks’ Stock Analysis page.
