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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mitie Group Plc | LSE:MTO | London | Ordinary Share | GB0004657408 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 0.87% | 116.00 | 115.80 | 116.20 | 117.60 | 114.00 | 114.40 | 2,892,051 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Bldg Clean & Maint Svc, Nec | 4.06B | 91.1M | 0.0684 | 16.99 | 1.55B |
TIDMMTO
MITIE Group PLC
17 October 2016
17 October 2016
Mitie Group plc ("Mitie")
Mitie awarded GBP60 million contract with Manchester Airports Group
Mitie, the facilities management (FM) company, has been awarded a new five-year FM contract with Manchester Airports Group (MAG), consolidating FM services across three airports into one integrated contract.
MAG is the UK's leading airport group, serving over 50 million passengers and handling over 670,000 tonnes of air freight every year, through its ownership and operation of Manchester, London Stansted, East Midlands and Bournemouth airports.
Mitie has been providing a range of FM services for Manchester Airport since 2008, including cleaning, waste management, gritting and snow clearance. The new contract - valued in excess of GBP60m over the duration - will see Mitie deliver additional pest control and landscaping services at Manchester Airport, as well as, for the first time the full range of soft services at Stansted and East Midlands Airport.
Mitie will also provide hard services including mechanical and electrical maintenance, fixed wire testing, plumbing, life safety systems, building management systems and lightning protection systems across all three airports.
Andrew Cowan, CEO of London Stansted Airport and sponsor of the contract, said: "We have been working with Mitie for over seven years and it is a great credit to their team that we are developing our long-standing relationship with this new contract.
"Mitie was awarded the work after a rigorous and technical tender process. Mitie has extensive experience in the sector, and an ability to provide national 24/7 coverage underpinned by advanced technology."
Phil Holland, Managing Director at Mitie said: "We are proud to be building upon our relationship with MAG through this new and consolidated contract.
"Our long running relationship is a testament to our market leading airport experience and we are confident that our expansive technology-led service capability will assist MAG in providing a world-class experience for its passengers and airline partners."
-ENDS-
For further information, contact:
John Telling
Group Corporate Affairs Director, Mitie Group plc
T: +44 (0) 203 123 8673 M: +44 (0) 7979 701 006 E: john.telling@mitie.com
Tori Ainsworth
Head of Corporate Affairs, Mitie Group plc
T: +44 (0) 20 3123 8678 M: +44 (0)7976 650 822 E: tori.ainsworth@mitie.com
Notes for editors
What is Mitie?
Mitie is a FTSE250 strategic outsourcing company.
We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.
We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.
Find out more at www.mitie.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALDLFFQBFEFBX
(END) Dow Jones Newswires
October 17, 2016 08:55 ET (12:55 GMT)
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