Why Invest in Mitie
A compelling investment case. Creating value.
We are the leader in our industry, with a loyal and diverse blue-chip customer base and a core set of capabilities that are differentiated by our technology and people.
In each of our core service lines of Engineering, Security and Cleaning & Hygiene we hold market leadership positions. We upsell Projects capabilities in the higher growth categories of Buildings Infrastructure, Decarbonisation, Fire & Security and Telecoms Infrastructure.
We recently released our new Three-Year Plan (FY25-27), which is expected to extend our market leadership position. Click here for more information.
1. Strong track record of delivery
- Met or significantly exceeded all medium-term targets in previous Plan
- Total Shareholder Return of 80% from FY22 to FY24 (#10 in FTSE 250)
- Proven track record of winning and retaining contracts, and improving contract profitability
- Added value to acquisitions through demonstratable revenue/cost synergies
- Eliminated off balance sheet financing and built a robust balance sheet
2. Scale and market leadership
- Clear UK market leader with 13% share (twice that of next competitor)
- Market leadership in each of our core service lines
- Unique offer of transformational Projects alongside technology-led Integrated Facilities Management (IFM)
- Expertise across a wide range of sectors and in critical environments
- Diversified customer base with inflation protection on the majority of contracts
3. Attractive market dynamics
- Operating in the largest and most dynamic Facilities Management (FM) market in Europe
- Integrated/bundled contracts the norm and growing faster than wider market
- Exposure to high growth sectors (e.g. data centres, defence, healthcare, life sciences and TMT)
- Capabilities underpinned by positive macro-trends (e.g. decarbonisation, modernisation of the built environment and regulatory changes
4. Technology innovation
- Data-driven ‘intelligent’ solutions enabled through investment in the Mitie Digital Platform
- Capabilities being enriched by Artificial Intelligence/Machine Learning (AI/ML), for example to deliver predictive maintenance and risk-based security resource deployment
- Strategic partnerships with global IT companies (e.g. Microsoft, Vodafone)
- Industry-leading cyber security credentials (e.g. 4.1 NIST rating)
5. ESG leadership
- Recognised as a global Environmental, Social and Governance (ESG) leader
- Ambitious Net Zero targets validated by the Science Based Targets initiative
- One of the UK’s largest fleets of electric vehicles (EVs)
- Industry-leading benefits packages for all our colleagues
- Top Employer for the sixth consecutive year, and a record 63% of surveyed colleagues ‘fully engaged’