Mitie Group plc (MITFF)
Mitie Group plc operates in the Specialty Business Services industry of the Industrials sector, headquartered in London, GL, GB. The stock last traded at $2.64, up 0.00% on the session, giving a market capitalisation of $3.28B. On trailing twelve-month figures it carries a trailing P/E of 31.86, a net margin of 1.5%. Its beta of 0.90 implies it has historically moved less than the broad market.
Mitie Group plc functions as a leading provider of strategic outsourcing services, operating both within the United Kingdom and across international markets. The company's extensive activities are organized into eight distinct divisions: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. Mitie delivers a wide array of services. This includes comprehensive security solutions, such as on-site guarding, technology-driven surveillance, installation of fire and security systems, and front-office and vetting services. They also offer diverse cleaning services, from general maintenance to specialized and technical cleaning for a variety of locations including offices, buildings, transport hubs, and high-security sites. Furthermore, the company specializes in technology-enabled engineering, maintenance, and repair, covering mechanical and electrical projects. Their capabilities extend to managing energy, carbon, and water usage, providing air conditioning and disinfection solutions, and offering telecoms and energy services. Mitie also implements remote asset monitoring and digital workplace technologies. For central government and defense clients, Mitie offers robust facilities management, encompassing decarbonization initiatives and engineering support. The company provides integrated facilities management to public sector entities, particularly in community settings like healthcare facilities, educational institutions (schools and universities), emergency services, and local authorities, which includes portering services. Beyond this, Mitie engages in public services related to immigration, criminal justice, and healthcare. Its offerings also include year-round landscaping services, such as horticulture and winter maintenance, as well as comprehensive waste management, focusing on reduction, recycling, and treatment. Mitie Group plc was founded in 1936 and is headquartered in London, United Kingdom.
Mitie Group plc is most often compared with the following Industrials names: