Good trading momentum continues for Mitie

The FM provider has released a pre-close trading update for the six months ended 30 September 2023 (H1 FY24) which reports that group revenue (including share of joint ventures and associates) increased by c.11% to £2. 1bn, compared with the same period last year (H1 F Y23: £1. 9bn).
This “good performance”, states Mitie was driven by an increase in projects and variable work, pricing, and the contribution from recent acquisitions.
During the period, Mitie won or extended