Mitie Group First Half 2024 Earnings: EPS: UK£0.033 (vs UK£0.026 in 1H 2023)

Mitie Group (LON:MTO) First Half 2024 Results

Key Financial Results

• Revenue: UK£2.08b (up 11% from 1H 2023).
• Net income: UK£42.9m (up 22% from 1H 2023).
• Profit margin: 2.1% (up from 1.9% in 1H 2023).
• EPS: UK£0.033 (up from UK£0.026 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mitie Group Earnings Insights

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Commercial Services industry in the United Kingdom.

Performance of the British Commercial Services industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Mitie Group that we have uncovered.

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