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Mitie Group H1 Revenue Up 10%, Launches £100 Mln Share Buyback, Upgrades FY26 Profit Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Mitie Group Plc (MTO.L) reported that its revenue for the six months ended 30 September 2025 rose approximately 10 percent to 2.7 billion pounds from 2.4 billion pounds last year. This included around 6.1 percent organic growth, driven by net contract wins, scope increases, pricing adjustments, and higher project volumes—particularly in the defense, healthcare, local government, and education sectors.

The Group has upgraded its operating profit guidance for fiscal year 2026 to at least 260 million pounds, compared to 234 million pounds in fiscal year 2025.

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