Mitie Group plc (GB:MTO) has released an update.
Mitie Group plc has announced a stellar financial performance for FY24, with an 11% increase in revenue and a 30% rise in operating profit, alongside a notable 29% growth in earnings per share (EPS). The company’s success is attributed to significant contract wins and renewals, margin enhancement initiatives, and strategic mergers and acquisitions, leading to a robust order book and pipeline that promises sustained growth. Mitie is set to continue its trajectory, focusing on its Facilities Transformation Three-Year Plan, while rewarding shareholders with increased dividends and a share buyback program.
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