Mitie Group Reports Strong Financial Growth and Strategic Acquisitions

An announcement from Mitie Group plc ( (GB:MTO) ) is now available.

Mitie Group plc reported strong financial and operational progress for the year ending March 2025, with a 13% increase in revenue to £5,091 million and an 11% rise in operating profit to £234 million. The company achieved record contract awards and a robust order book, driven by new contract wins and strategic acquisitions. Mitie’s strategic plan aims to enhance its facilities management services, with a focus on AI and automation, and the acquisition of Marlowe plc is expected to deliver significant revenue growth and cost synergies. The company is well-positioned to meet its ambitious targets and create further value for stakeholders.

The most recent analyst rating on (GB:MTO) stock is a Buy with a £165.00 price target. To see the full list of analyst forecasts on Mitie Group plc stock, see the GB:MTO Stock Forecast page.

Spark’s Take on GB:MTO Stock

According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.

Mitie Group plc demonstrates solid financial health with strong revenue and cash flow growth, supported by strategic share buybacks. The technical indicators are positive, but caution is advised due to potential overbought conditions. The attractive valuation further complements the stock’s favorable outlook.

To see Spark’s full report on GB:MTO stock, click here.

More about Mitie Group plc

Mitie Group plc, founded in 1987, is a leading facilities management company that focuses on transforming customer estates into smarter, safer, cleaner, and greener places. The company employs 76,000 people and is committed to creating high-performing places through its strategic focus on AI, intelligent process automation, and targeted mergers and acquisitions.

Average Trading Volume: 3,956,637

Technical Sentiment Signal: Buy

Current Market Cap: £1.92B

Learn more about MTO stock on TipRanks’ Stock Analysis page.