Oct 14 (Reuters) - British outsourcer Mitie ( MITFF ) on
Tuesday resumed share buybacks with a 100-million-pound ($132.83
million) programme and lifted its forecast for annual operating
profit, boosted by cost cuts and its recent acquisition of rival
Marlowe.
Mitie ( MITFF ), which provides security, cleaning, engineering and
other services to public and private sector clients, now expects
operating profit of at least 260 million pounds for the year
ending March 2026.
The company also reported a 10% jump in revenue to 2.7
billion pounds for the six-month period ended September 30.
($1 = 0.7528 pounds)