Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

BREAKING NEWS

BREAKING NEWS

Mitie first-half profit falls 4.2 percent

Text size Aa Aa

(Reuters) - British outsourcing group Mitie Group plc <MTO.L> posted a 4.2 percent drop in adjusted operating profit for the first half of the year on Thursday, hurt by an adverse contract mix at its cleaning and environmental services division and higher administrative expenses.

Operating profit before other items fell to 38.4 million pounds for the six months ending Sept. 30, from 40.1 million pounds a year earlier.

(Reporting by Arathy S Nair in Bengaluru; editing by Patrick Graham)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.