|Bid||2.114 x 0|
|Ask||2.284 x 0|
|Day's Range||2.104 - 2.104|
|52 Week Range||2.022 - 3.327|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While small-cap stocks, such as Mitie Group plc (LSE:MTO) with its market cap of £696.94M, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...
I am going to run you through how I calculated the intrinsic value of Mitie Group plc (LSE:MTO) using the discounted cash flow (DCF) method. If you want to learnRead More...
(Reuters) - British outsourcing company Mitie Group said it would not sell its property management unit, as it saw "greater shareholder and strategic value in keeping the business". "Mitie's ...
The investigation is the third recent regulatory look at the accounts of a group that has delivered a string of profit warnings as it battled to contend with rising labour costs and the expense of extracating itself from low-margin contracts taken on during the economic downturn. Mitie said the new investigation was focused on the accountants and not the group itself and did not relate to any current directors nor Sandip Mahajan, who was replaced as chief financial officer last week, nine months after his appointment.
The company, which has been restructuring after a string of profit warnings, said Woolf will replace Sandip Mahajan, who has held the role of Group CFO since February. Like its peers, Mitie has been hit hard over the past year by rising labour costs after Britain's vote to leave the European Union and unplanned changes on contracts taken on during the financial downturn, often with paper-thin margins.
Mitie Group plc (LSE:MTO), a commercial services and supplies company based in United Kingdom, saw significant share price volatility over the past couple of months on the LSE, rising toRead More...
Britain's accounting watchdog is investigating Deloitte's auditing of Mitie Group , the outsourcing company that issued a string of profit warnings last year. The provider of pest control, cleaning, security and healthcare services had already written down the value of its business after a new management team found the company had been too aggressive in the way it booked revenue and costs on long-term contracts.
British outsourcing firm Mitie expects to return to modest growth in underlying profit this year, citing new contracts and cost cuts after it axed its final dividend at the end of a troubled period. The provider of pest control, cleaning, security and healthcare services reviewed its strategy and accounts after three profit warnings in a year, blaming uncertainty surrounding Brexit and rising costs. Chief Executive Phil Bentley, who took charge in December as part of a management overhaul, said Mitie's labour costs had hurt its competitiveness.