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Mitie Group

Current Price 117.00p Bid 115.00p Ask 119.20p Change 0.17%
Last Updated: 07/10/2024 02:37. Prices delayed by at least 15 minutes.
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Company Overview

Mitie Group plc is a facilities management and transformation company. The Company offer a range of services to the public sector through its Central Government & Defense and Communities (Local Government & Education, Healthcare and Care & Custody) divisions. Its Technical Services (engineering services) and Business Services (security, cleaning, landscapes, Spain, and waste) divisions serve private sector customers in areas, such as financial and professional services, industrials, and retail and transport. It delivers engineering services, including mechanical and electrical, fire and security hardware, decarbonization, renewable energy installation, electrical connections and telecoms infrastructure. It also offers a range of fire and security solutions, including fire detection and suppression systems, access control, intruder alarms, CCTV, and security management systems.

Financial Highlights Year Ended 31/03/2024

Revenue
£4,510.70m
Operating Profit/Loss
£159.30m
Dividend yield (%)
3.80
Total dividend for year
n/ap
Dividend cover
3.08
P/E Ratio
8.50

Key Personnel

Mr Derek Mapp
Chairman
Mr Phillip Bentley
Chief Executive Officer
Mr Simon Kirkpatrick
Group CFO
Mr Jennifer Duvalier
Independent Non-Executive Director
Ms Mary Reilly
Independent Non-Executive Director
Mr Chet Patel
Non-Executive Director
Mr Salma Shah
Non-Executive Director
Mrs Penny James
Non-Executive Director
Mr Roger Yates
Senior Independent Director

Stock Details

EPIC
MTOL
ISIN
GB0004657408
Shares in Issue
361.77m
Market cap
£423.27m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
117.00p
Bid Price
115.00p
Ask Price
119.20p
Volume
153,848
Change Today
0.20p
% Change Today
0.17%
Open
116.80p
Previous Close
117.00p
Intraday High
117.20p
Intraday Low
115.70p
52 Week High
125.50p
52 Week Low
95.30p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Continuing Operations
Revenue
4,510.70
4,055.10
Operating Profit/Loss
159.30
108.70
Net Interest
-9.40
-11.50
Pre-Tax Profit
156.30
105.50
Profit After Tax from continuing operations
130.90
91.10
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
130.90
91.10
Attributable to:
Equity Holders of Parent Company
130.90
91.10
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2024
31 Mar 2023
Basic
9.80p
6.80p
Diluted
9.10p
6.20p
Adjusted
12.30p
9.50p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
204.70
156.90
Intangible Assets
645.10
564.90
Investment Properties
n/a
n/a
Investments
0.90
8.80
Other Financial Assets
n/a
n/a
Other Non-Current Assets
33.60
47.10
Current Assets
Inventories
14.70
13.50
Trade & Other Receivables
782.90
786.80
Cash at Bank & In Hand
244.90
248.30
Current Asset Investments
n/a
n/a
Other Current Assets
1.00
1.10
Other Assets
n/a
n/a
Total Assets
1,927.80
1,827.40

Liabilities

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Current Liabilities
Borrowings
73.80
32.00
Other Current Liabilities
1,052.70
1,037.80
Total Current Liabilities
1,126.50
1,069.80
Non-Current Liabilities
Borrowings
247.70
254.00
Provisions
46.70
57.20
Other Non-Current Liabilities
33.20
24.70
Total Non-Current Liabilities
327.60
335.90
Other Liabilities
n/a
n/a
Total Liabilities
1,454.10
1,405.70

Net Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Net Assets
473.70
421.70

Capital & Reserves

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Share Capital
33.30
34.00
Share Premium Account
132.00
131.50
Other Reserves
130.50
132.90
Retained Earnings
157.40
123.30
Shareholders Funds
453.20
421.70
Minority Interests/Other Equity
20.50
n/a
Total Equity
473.70
421.70

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
20 Jun 2024
05 Aug 2024
3.00p
Interim
14 Dec 2023
31 Jan 2024
1.00p
Final
22 Jun 2023
04 Aug 2023
2.20p
Interim
15 Dec 2022
01 Feb 2023
0.70p
Final
23 Jun 2022
05 Aug 2022
1.40p
Interim
16 Dec 2021
02 Feb 2022
0.40p
Interim
19 Dec 2019
04 Feb 2020
1.33p
Final
27 Jun 2019
09 Aug 2019
2.67p
Interim
20 Dec 2018
12 Feb 2019
1.33p
Final
21 Jun 2018
06 Aug 2018
2.67p
Interim
21 Dec 2017
07 Feb 2018
1.33p
Interim
15 Dec 2016
01 Feb 2017
4.00p
Final
23 Jun 2016
04 Aug 2016
6.70p
Interim
17 Dec 2015
01 Feb 2016
5.40p
Final
25 Jun 2015
04 Aug 2015
6.50p
Interim
18 Dec 2014
02 Feb 2015
5.20p

Dividend Metrics

Year End Date
31 Mar 2024
31 Mar 2023
Dividend growth
37.93%
61.11%
Dividend yield
3.80%
3.50%
Dividend cover
3.08
3.28


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