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IRV Interserve

6.30
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Interserve LSE:IRV London Ordinary Share GB0001528156 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.30 5.795 6.30 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Interserve PLC Interserve wins £67m contract

01/08/2018 7:01am

RNS Non-Regulatory


TIDMIRV

Interserve PLC

01 August 2018

INTERSERVE EXTENDS RELATIONSHIP WITH THE FOREIGN AND COMMONWEALTH OFFICE WITH GBP67 MILLION FM CONTRACT

Interserve, the international support services and construction group, has secured a new GBP67 million, five-year contract to provide total facilities management services for the Foreign and Commonwealth Office (FCO). This extends our ten-year relationship with the government department and provides service continuity.

The contract includes services to FCO's main building in London, as well as to embassies and supporting properties throughout the UK and in France, Belgium, Austria, Germany, Republic of Ireland, Luxembourg, Slovakia, the Netherlands, Czech Republic, Hungary, Poland and Switzerland.

As part of the core GBP67m fee, Interserve will continue to deliver a wide range of services through the contract including, engineering, cleaning, front-of-house support, landscaping and ground maintenance, helpdesk, porterage, mail room, catering and helpdesk services at over 450 buildings internationally. In addition to the core fee, they will also provide delivery support to future project works throughout the contract.

The new five-year contract, with the opportunity to extend by a further two years, increases service transparency, integration, resilience and reporting to facilitate the evolution and optimisation of the FM services over time to match the demanding operational requirements of the FCO.

Debbie White, Interserve's chief executive, said:

"This award extends our strong relationship with FCO, building upon the valuable insight gained over the last decade into the department's property needs in an international environment. Our deep understanding of service delivery to the FCO has enabled us to offer resilient and cost effective service solutions that can adapt quickly to meet the changing needs of building users, wherever they are located. We look forward to building on our relationship with the department, working together to deliver excellent services, which offer value-for-money to the taxpayer."

For further information please contact:

   Robin O'Kelly                               +44 (0) 7786 702526 

Interserve

About Interserve

Interserve is one of the world's foremost support services and construction companies. Everything we do is shaped by our core values. We are a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and FTSE-listed. We have gross revenues of GBP3.7 billion and a workforce of circa 75,000 people worldwide.

www.interserve.com

For news follow @interservenews

For facilities management updates follow: @INT_FM

This announcement contains inside information

Legal identifier number: 549300MVYY4EZCRFHZ09

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRASDMFLFFASEIW

(END) Dow Jones Newswires

August 01, 2018 02:01 ET (06:01 GMT)

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