The earnings call reflects a positive outlook with significant revenue growth, a strong order book, and successful integration of a major acquisition. However, challenges remain in maintaining profit margins and addressing inflationary pressures.

Company Guidance

During the call, the guidance provided by Mitie emphasized several key metrics and strategic initiatives. The company confirmed its FY '26 EBIT guidance of GBP 260 million, supported by the successful integration of Marlowe Facilities Compliance and the impact of AI on the business. Mitie reported double-digit revenue growth for the fifth consecutive six-month period, with a 12% annual increase in revenue and a 13% growth in operating profit. The company's free cash flow generation was strong, with a free cash inflow of GBP 51.9 million, and its leverage was modest at 1x EBITDA. The order book grew by 31% year-on-year to GBP 16.5 billion total contract value (TCV), and the pipeline increased to GBP 33 billion TCV. The company also launched a new GBP 100 million buyback program. Additionally, Mitie highlighted the strategic importance of its projects division, with an average project size of GBP 270,000, and discussed the growing opportunities in the facilities compliance market, particularly with new water services driven by regulatory changes. The company's AI strategy is expected to drive margin expansion beyond FY '27. Overall, Mitie expressed confidence in achieving its FY '27 targets and sustaining growth into FY '28.

Sustained Double-Digit Revenue Growth

Mitie reported a double-digit revenue growth for the fifth consecutive period. Revenue is up 10.4% to GBP 2.7 billion, driven by strong organic growth of 6.4%.

Strong Order Book and Pipeline Growth

The order book grew by 31% year-on-year to GBP 16.5 billion TCV, and the pipeline increased from GBP 17.6 billion TCV to GBP 33 billion TCV.

Successful Integration of Marlowe Acquisition

Marlowe acquisition added GBP 51 million in revenue, and the integration is progressing well with expected cost synergies of at least GBP 15 million by FY '27.

Record Contract Wins

Achieved record contract wins with a total contract value of GBP 3.8 billion in the period.

AI Strategy and Margin Expansion

AI efficiencies are expected to underpin a 5% margin aspiration. The agentic mesh is anticipated to complete by summer '26, enhancing operational efficiencies.

Strong Free Cash Flow and Modest Leverage

Generated a free cash inflow of GBP 51.9 million, with leverage at 1x EBITDA, supporting a new GBP 100 million buyback program.

Mitie Group plc (GB:MTO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GB:MTO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jun 04, 2026	2026 (Q4)	0.08 / -	0.052	―	―	―
Nov 20, 2025	2026 (Q2)	0.06 / 0.05	0.05	6.00% (<+0.01)	―	―
Jun 05, 2025	2025 (Q4)	0.07 / 0.05	0.063	-17.46% (-0.01)	―	―
Nov 21, 2024	2025 (Q2)	0.04 / 0.05	0.046	8.70% (<+0.01)	―	―
Jun 06, 2024	2024 (Q4)	0.06 / 0.06	0.042	50.00% (+0.02)	―	―
Nov 23, 2023	2024 (Q2)	0.04 / 0.05	0.033	39.39% (+0.01)	―	―
Jun 08, 2023	2023 (Q4)	- / 0.04	-0.001	4300.00% (+0.04)	―	―
Nov 17, 2022	2023 (Q2)	- / 0.03	0.045	-26.67% (-0.01)	―	―
Jun 09, 2022	2022 (Q4)	- / >-0.01	-0.005	80.00% (<+0.01)	―	―
Nov 18, 2021	2022 (Q2)	- / 0.04	0.012	275.00% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:MTO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 20, 2025	156.40p	154.60p	-1.15%
Jun 05, 2025	156.26p	135.70p	-13.16%
Nov 21, 2024	107.40p	102.56p	-4.51%
Jun 06, 2024	113.19p	111.30p	-1.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mitie Group plc (GB:MTO) report earnings?

Mitie Group plc (GB:MTO) is schdueled to report earning on Jun 04, 2026, TBA (Confirmed).

What is Mitie Group plc (GB:MTO) earnings time?

Mitie Group plc (GB:MTO) earnings time is at Jun 04, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Mitie Group plc stock?

The P/E ratio of Mitie Group plc is N/A.

What is GB:MTO EPS forecast?

GB:MTO EPS forecast for the fiscal quarter 2026 (Q4) is 0.08.

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