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FCA probes Mitie over profit warning

29 August 2017 07:34

Mitie, the facilities management company, is being investigated by the Financial Conduct Authority (FCA) over the timeliness of its profit warning on 19 September 2016.

The regulator is also looking at the manner of preparation and content of the company's financial information, position and results for the period ending 31 March 2016.

Mitie said it is fully cooperating with the FCA but does not intend to update the market until completion of the investigation.

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