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Compass Group reports strong performance as demand grows in Business & Industry and Education sector - FMJ
Compass Group reports strong performance as demand grows in Business & Industry and Education sector - FMJ
Compass Group’s Half Year results for the six months ending 31 March 2022 showed a strong performance, with the world’s largest food service provider hitting 100 per cent of pre-COVID revenues by the end of the period, alongside record new business wins and its highest ever client retention rate. The Group reports it is continuing ...
The post Compass Group reports strong performance as demand grows in Business & Industry and Education sector appeared first on FMJ.
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Compass Group’s Half Year results for the six months ending 31 March 2022 showed a strong performance, with the world’s largest food service provider hitting 100 per cent of pre-COVID revenues by the end of the period, alongside record new business wins and its highest ever client retention rate. The Group reports it is continuing ...
The post Compass Group reports strong performance as demand grows in Business & Industry and Education sector appeared first on FMJ.
Compass Group’s Half Year results for the six months ending 31 March 2022 showed a strong performance, with the world’s largest food service provider hitting 100 per cent of pre-COVID revenues by the end of the period, alongside record new business wins and its highest ever client retention rate. The Group reports it is continuing ...
The post Compass Group reports strong performance as demand grows in Business & Industry and Education sector appeared first on FMJ.
Despite the continued disruption of the pandemic, the engineering services group is reporting a six per cent increase in revenue to £144 million and a two per cent improvement in EBITDA margin for the year ending February 2022. Edwin James Group has also maintained a strong cash position. Several high-profile contract wins, including Sellafield and Northumbrian Water, and significant growth in the forward order book from £155 million to £545 million puts the organisation in a favourable posit...
Despite the continued disruption of the pandemic, the engineering services group is reporting a six per cent increase in revenue to £144 million and a two per cent improvement in EBITDA margin for the year ending February 2022. Edwin James Group has also maintained a strong cash position. Several high-profile contract wins, including Sellafield and Northumbrian Water, and significant growth in the forward order book from £155 million to £545 million puts the organisation in a favourable posit...
Mitie has released its full year results for the period ending 31 March 2022 which show strong financial performance and good underlying growth. Revenue including share of joint ventures and associates from continuing operations was £3,997m, an increase of 58% compared with the same period last year (FY21: £2,529m). This was boosted by new contract wins, renewals/extensions and projects of approximately £3.8bn total contract value, as well as good growth at Interserve Facilities Management (I...
Mitie has released its full year results for the period ending 31 March 2022 which show strong financial performance and good underlying growth. Revenue including share of joint ventures and associates from continuing operations was £3,997m, an increase of 58% compared with the same period last year (FY21: £2,529m). This was boosted by new contract wins, renewals/extensions and projects of approximately £3.8bn total contract value, as well as good growth at Interserve Facilities Management (I...
The industry is expected to grow to $9.7 billion worldwide by 2026, but it faces challenges, including high energy costs, technological limitations and the ability to scale.
The industry is expected to grow to $9.7 billion worldwide by 2026, but it faces challenges, including high energy costs, technological limitations and the ability to scale.
Austin and Dallas led the way in construction starts and office-using employment growth, the latest CommercialEdge office report shows.
The post Office Sector Shows Strong Performance in Texas appeared first on Commercial Property Executive.
Austin and Dallas led the way in construction starts and office-using employment growth, the latest CommercialEdge office report shows.
The post Office Sector Shows Strong Performance in Texas appeared first on Commercial Property Executive.
Sodexo’s results for first half Fiscal 2022 show Group revenue was 10,262 million euro, up +19.4%, with strong recovery coming through in all segments that were severely impacted by Covid. Group organic revenue growth was +16.7%, back up to 95% of pre-Covid levels. On-site Services organic revenue growth was +17.0%, with a particularly strong first ...
The post Sodexo reports strong half-year results appeared first on FMJ.
Sodexo’s results for first half Fiscal 2022 show Group revenue was 10,262 million euro, up +19.4%, with strong recovery coming through in all segments that were severely impacted by Covid. Group organic revenue growth was +16.7%, back up to 95% of pre-Covid levels. On-site Services organic revenue growth was +17.0%, with a particularly strong first ...
The post Sodexo reports strong half-year results appeared first on FMJ.
Compass Group UK & Ireland has acquired e-foods which will sit within its food procurement service business, Foodbuy. Based in Manchester, e-foods provides purchase to pay solutions and supply chain management with a strong portfolio of care home clients and supplier relationships. The acquisition will see Foodbuy bring its cross-sector expertise to the e-foods business, helping to bring additional value to clients and customers, whilst allowing an enhanced food sourcing and service offering. e-...
Compass Group UK & Ireland has acquired e-foods which will sit within its food procurement service business, Foodbuy. Based in Manchester, e-foods provides purchase to pay solutions and supply chain management with a strong portfolio of care home clients and supplier relationships. The acquisition will see Foodbuy bring its cross-sector expertise to the e-foods business, helping to bring additional value to clients and customers, whilst allowing an enhanced food sourcing and service offering. e-...
Spending on home improvement doesn't appear to have taken a big hit with the slowdown in the U.S. housing market, but analysts say the strength may not last. Home Depot and Lowe's this week cited strong second-quarter sales from professionals such as contractors, plumbers and electricians. The retailers said those customers have a healthy backlog of projects and plenty of pent-up demand for home improvement. The companies are chalking up the continued strength coming out of the height of the pan...
Spending on home improvement doesn't appear to have taken a big hit with the slowdown in the U.S. housing market, but analysts say the strength may not last. Home Depot and Lowe's this week cited strong second-quarter sales from professionals such as contractors, plumbers and electricians. The retailers said those customers have a healthy backlog of projects and plenty of pent-up demand for home improvement. The companies are chalking up the continued strength coming out of the height of the pan...
The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office spaces, according to the RICS Commercial Property Market Survey, Q1 2022. Respondents to the survey saw a notable increase in UK office demand in Q1 2022 with the net balance improving ...
The post RICS reports demand for UK office space is mounting as occupiers plan return appeared first on FMJ.
The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office spaces, according to the RICS Commercial Property Market Survey, Q1 2022. Respondents to the survey saw a notable increase in UK office demand in Q1 2022 with the net balance improving ...
The post RICS reports demand for UK office space is mounting as occupiers plan return appeared first on FMJ.
Home Buyers Regain Some Control As Supply Grows, Demand Pulls Back
39% of homes that went under contract had an accepted offer within one week of hitting the market.
getty
39% of homes that went under contract had an accepted offer within one week of hitting the market. May marked a turning point in the pandemic housing frenzy as buyers regained some control over the market, according to a new report from Redfin, a technology-powered real estate brokerage. This limited se...
Home Buyers Regain Some Control As Supply Grows, Demand Pulls Back
39% of homes that went under contract had an accepted offer within one week of hitting the market.
getty
39% of homes that went under contract had an accepted offer within one week of hitting the market. May marked a turning point in the pandemic housing frenzy as buyers regained some control over the market, according to a new report from Redfin, a technology-powered real estate brokerage. This limited se...