Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Interim Management Statement

1st Feb 2008 07:00

MITIE Group PLC01 February 2008 MITIE Group PLC - Interim Management Statement MITIE Group PLC (MITIE), a leading UK support services company, today releasesits Interim Management Statement for the period from 1 October 2007 to 31January 2008. Financial performance MITIE confirms that it continues to perform in line with management expectationsand that it remains on track to complete another successful year. The order bookhas continued to grow and MITIE has now secured 97% of revenue for the yearending 31 March 2008. Market conditions and current trading Conditions remain favourable in MITIE's chosen markets and good organic growthcontinues to be reported across each of the Facilities, Property and EngineeringServices divisions. MITIE is well placed to take advantage of the ongoing trend to outsourceservices in its chosen markets. As a result of its national coverage, range ofservices and quality of service delivery, it expects to see opportunities acrossthe business as customers look to improve the efficiency of their cost base inlight of economic uncertainty. MITIE's ability to bundle services and delivervalue to clients remains a major focus for the business. Future reporting dates MITIE will be releasing a pre-close trading statement on 27 March 2008 and itsfull-year results will be announced on 19 May 2008. Notes to editors For further information, please contact: David Revis, Investor Relations and PR ManagerT: 020 7034 7306 M: 07979 702465 John Telling, Head of Corporate AffairsT: 020 7034 7304 M: 07979 701006 About MITIE MITIE is a people business, made up of over 44,000 talented and driven people,all working in one of our key areas of expertise: facilities, property andengineering services. We have had 20 years of continuous growth, and now haveannual revenues of over £1.2bn with a reputation for being the very best at whatwe do. MITIE installs, manages and maintains. We make buildings and theirfacilities smarter, greener, safer and better run. MITIE is all about having theright people for every job, and the right attitude to getting it done. For further information, please visit the Group's website www.mitie.co.uk. Print resolution images are available for the media to view and download fromwww.vismedia.co.uk. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Mitie
FTSE 100 Latest
Value8,811.04
Change9.75