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Mitie Group

Current Price 116.20p Bid 115.80p Ask 118.20p Change 0.17%
Last Updated: 19/04/2024 15:59. 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 31/03/2023

Revenue
£4,051.10m
Operating Profit/Loss
£108.70m
Dividend yield (%)
3.50
Total dividend for year
n/ap
Dividend cover
3.28
P/E Ratio
8.70

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
£420.37m

Analyst Views (5)

Strong Buy
 
80.00%
Buy
 
20.00%
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
116.20p
Bid Price
115.80p
Ask Price
118.20p
Volume
228,286
Change Today
0.20p
% Change Today
0.17%
Open
115.20p
Previous Close
116.00p
Intraday High
116.20p
Intraday Low
114.20p
52 Week High
118.80p
52 Week Low
88.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
4,051.10
3,996.80
Operating Profit/Loss
108.70
67.90
Net Interest
-11.50
-19.80
Pre-Tax Profit
105.50
52.30
Profit After Tax from continuing operations
91.10
31.30
Discontinued Operations
Profit After Tax
n/a
19.40
Profit/Loss for the Year
91.10
50.70
Attributable to:
Equity Holders of Parent Company
91.10
50.70
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 2023
31 Mar 2022
Basic
6.80p
2.20p
Diluted
6.20p
2.00p
Adjusted
9.50p
9.40p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
156.90
143.90
Intangible Assets
564.90
560.20
Investment Properties
n/a
n/a
Investments
8.80
11.90
Other Financial Assets
n/a
n/a
Other Non-Current Assets
47.10
39.40
Current Assets
Inventories
13.50
11.90
Trade & Other Receivables
786.80
686.70
Cash at Bank & In Hand
248.30
345.20
Current Asset Investments
n/a
n/a
Other Current Assets
1.10
22.20
Other Assets
n/a
n/a
Total Assets
1,827.40
1,821.40

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
32.00
171.10
Other Current Liabilities
1,037.80
983.50
Total Current Liabilities
1,069.80
1,154.60
Non-Current Liabilities
Borrowings
254.00
129.50
Provisions
57.20
62.30
Other Non-Current Liabilities
24.70
49.20
Total Non-Current Liabilities
335.90
241.00
Other Liabilities
n/a
n/a
Total Liabilities
1,405.70
1,395.60

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
421.70
425.80

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
34.00
35.70
Share Premium Account
131.50
130.60
Other Reserves
132.90
347.50
Retained Earnings
123.30
-88.00
Shareholders Funds
421.70
425.80
Minority Interests/Other Equity
n/a
n/a
Total Equity
421.70
425.80

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
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 2023
31 Mar 2022
Dividend growth
61.11%
n/a%
Dividend yield
3.50%
3.20%
Dividend cover
3.28
5.11


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