Strong track record of delivery continues at Mitie

In its latest trading update for the year ended 31 March 2024, Mitie says its strong track record of delivery continues, with all medium-term targets met or significantly exceeded in FY24, the final year of its Three-Year Plan.
The FM outsourcer reports Q4 FY24 revenue of c.£1,240m increased by c.10% yoy (Q4 FY23: £1,127m), against a strong prior year comparative for projects work. Revenue has exceeded £1bn in each quarter of FY24, and has grown sequentially quarter-on-quarter.