Mitie operating profit down 9.5% in half-year results

摘要

Mitie has posted a 9.5% drop in operating profit in half-year results for the six months to September 2015. The outsourcing giant posted operating profit of £58.1m, down from £64.2m the previous year, which it attributed to "a deterioration" in the performance of its healthcare division. However, the firm posted a pre-tax profit for the period of £45.1m, compared to a £1.3m pre-tax loss last year. Mitie's pre-tax loss last year was caused by £45.7m of exceptional losses on "a small number" of design-and-build contracts in its asset management business - a division it has since wound down. Half-year revenue increased 2.2% to £1.12bn, up from E1.1bn.