Mitie Group plc (GB:MTO) has released an update.
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Mitie Group plc has reported a 14% increase in revenue and operating profit for the first half of 2024, driven by organic growth and strategic acquisitions. The company achieved a record £3.7 billion in contract wins and renewals, despite losing two major public sector contracts. With a strong balance sheet and increased dividend, Mitie remains confident in meeting its financial targets amid changing market conditions.
For further insights into GB:MTO stock, check out TipRanks’ Stock Analysis page.
