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Mitie annual profit, revenue expected to grow on road to recovery

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(Reuters) – British outsourcer Mitie Group Plc said on Thursday it expected higher annual operating profit before other items and revenue, with its turnaround program on track to deliver benefits.

Mitie, which provides cleaning, security and healthcare services, said operating profit before other items is expected to be in the range 84 million pounds to 87 million pounds for the year ending March 31, higher than its restated operating profit from continuing operations of 83.2 million pounds a year earlier.

(Reporting by Noor Zainab Hussain in Bengaluru)

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