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Mitie Group FY Operating Profit Before Other Items Rises

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

Mitie Group plc (MTO.L) reported fiscal year pretax profit of 123.7 million pounds compared to 145.4 million pounds, last year. Earnings per share was 6.1 pence compared to 7.6 pence. Before other items, pretax profit increased to 236.4 million pounds from 217.9 million pounds. Operating profit before other items was up 13% to 264 million pounds. Before other items, earnings per share was 12.6 pence compared to 11.8 pence.

For the year ended 31 March 2026, total revenue increased to 5.62 billion pounds from 5.08 billion pounds, last year. Revenue growth of 10.5% included 5.3% organic growth primarily driven by new contract wins and scope increases, pricing and projects upsell, alongside a 5.2% contribution from acquisitions.

The Group said it is confident of delivering fiscal 2025-27 Strategic Plan.

At last close, shares of Mitie Group were trading at 173.65 pence, up 0.26%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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