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    MTO   GB0004657408

MITIE GROUP PLC

(MTO)
  Report
Delayed London Stock Exchange  -  11:35:03 2023-01-30 am EST
78.80 GBX   -0.88%
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British transport cleaning staff to strike over pay - union

11/26/2022 | 08:57am EST
First day of national rail strike, in London

LONDON (Reuters) - Cleaners will become the latest set of transport workers to strike over pay in Britain, the Rail, Maritime and Transport union said on Saturday, adding to a wave of industrial action sweeping the country.

The RMT said its members, working as cleaners throughout the transport network, had voted to hold their first national strike action.

It said over 1,000 contracted out cleaners working for the likes of Churchill, Atalian Servest and Mitie were eligible to strike.

The announcement came as drivers working for 11 British train operators went on strike on Saturday in an ongoing dispute over pay, the Associated Society of Locomotive Engineers and Firemen (ASLEF) union said.

The RMT wants the cleaners to be paid 15 pounds ($18.14) an hour, with sick pay, holiday entitlement and better pensions.

It will announce the strike days next week.

Britain is facing widespread industrial unrest in the run-up to the holiday period and into January as workers struggling with double-digit inflation resort to strike action to demand better pay and working conditions.

Railway workers, nurses, doctors and teachers, as well as emergency services, postal services and telecoms workers have either been on strike or plan action.

($1 = 0.8269 pounds)

(Reporting by James Davey; Editing by Mike Harrison)


ę Reuters 2022
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Analyst Recommendations on MITIE GROUP PLC
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Financials
Sales 2023 3 924 M 4 855 M 4 855 M
Net income 2023 78,0 M 96,5 M 96,5 M
Net Debt 2023 42,9 M 53,1 M 53,1 M
P/E ratio 2023 13,7x
Yield 2023 2,77%
Capitalization 1 054 M 1 304 M 1 304 M
EV / Sales 2023 0,28x
EV / Sales 2024 0,25x
Nbr of Employees 71 330
Free-Float 94,9%
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Technical analysis trends MITIE GROUP PLC
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TrendsBullishBullishBullish
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 5
Last Close Price 78,80 GBX
Average target price 97,00 GBX
Spread / Average Target 23,1%
EPS Revisions
Managers and Directors
Phillip Keague Bentley Executive Director
Simon Charles Kirkpatrick Chief Financial Officer & Director
Derek Mapp Chairman
Carlo Alloni Managing Director-Technical Services
Cijo Joseph Chief Technology & Information Officer
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