Mitie Group plc (MITFY) Research

Mitie Group plc, a company operating through its subsidiaries, delivers extensive strategic outsourcing services across the United Kingdom and internationally. Its operations are structured into eight distinct segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. The company offers a broad spectrum of security services, from on-site personnel guarding and technologically advanced monitoring systems to the installation of fire and security infrastructure, background vetting, and reception management. It also provides general, specialized, and technical cleaning services for diverse locations, including offices, various buildings, transportation and logistics hubs, and sensitive, high-security environments. Mitie is deeply involved in technology-enabled engineering, covering maintenance, repair, and mechanical and electrical project execution. Its expertise extends to managing energy consumption, carbon footprints, and water resources, alongside delivering air conditioning and disinfection systems. The company also provides telecommunications and energy services, remote asset monitoring, and innovative digital and connected workplace solutions. In addition, Mitie provides comprehensive facilities management for central government and defense agreements, incorporating decarbonization initiatives and engineering support. It also offers integrated facilities management to devolved public sector clients, focusing on community settings like healthcare, educational institutions, emergency services, and local councils, complemented by portering services. Its public service engagements include support for immigration, criminal justice, and healthcare sectors. The company further manages outdoor spaces through horticultural and winter landscaping services and offers end-to-end waste management solutions, emphasizing elimination, reduction, recycling, and responsible treatment. Mitie Group plc, established in 1936, has its main office situated in London, United Kingdom.

Market snapshot

Symbol
MITFY
Price
$8.12
Day change
0.00%
Market cap
$1.9B
P/E ratio
24.30x
52-week range
7.11-10.47
Sector
Industrials
Industry
Specialty Business Services

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