Mitie Group (MTO)

Sector:

Support

Index:

FTSE 250

 117.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 124.20
  • 52 Week Low: 91.90
  • Currency: UK Pounds
  • Shares Issued: 1,329.27m
  • Volume: 1,638,258
  • Market Cap: £1,560.57m
  • RiskGrade: 216

Mitie cleaners to strike at Manchester Airport

By Iain Gilbert

Date: Thursday 28 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Mitie Cleaning and Environmental Services employees based at Manchester Airport voted in favour of taking strike action on Thursday as they continued their efforts to seek a better remuneration packet after a two-year pay freeze.
The cleaners, who had been receiving just about the minimum wage of £7.50 per hour, were seeking an increase that would put them over the national living wage of £8.45, as well as a one-off payment for backdated earnings at a rate of £1 per hour for every hour worked since April 2016.

Unite regional officer, Jimmy Carter said, "Keeping Britain's third busiest airport clean is hard work, after a two-year pay freeze workers have had enough."

Of the roughly 200 cleaners employed at the airport by Mitie, 73% turned out for the vote, all of which voted to strike.

"A 100% vote in favour of strike action should send a clear message to Mitie. It is time to negotiate or face the prospect of disruption to the smooth running of the airport, putting its reputation as the country's best at risk," said Carter.

"Workers are struggling to make ends meet on the minimum wage and are demanding a living wage to afford the basics like food and rent. It's time for Mitie to become a living wage employer."

As of 1440 BST, shares in the FTSE 250-listed Mitie Group, the parent company of Mitie Cleaning and Environmental Services, had remained relatively steady, up 0.75% to 253.30p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mitie Group Market Data

Currency UK Pounds
Share Price 117.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 124.20
52 Week Low 91.90
Volume 1,638,258
Shares Issued 1,329.27m
Market Cap £1,560.57m
RiskGrade 216

Mitie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.21% below the market average49.21% below the market average49.21% below the market average49.21% below the market average49.21% below the market average
30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average
Price Trend
86.30% above the market average86.30% above the market average86.30% above the market average86.30% above the market average86.30% above the market average
70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average
Income
35.44% above the market average35.44% above the market average35.44% above the market average35.44% above the market average35.44% above the market average
36.51% above the sector average36.51% above the sector average36.51% above the sector average36.51% above the sector average36.51% above the sector average
Growth
80.14% above the market average80.14% above the market average80.14% above the market average80.14% above the market average80.14% above the market average
73.47% above the sector average73.47% above the sector average73.47% above the sector average73.47% above the sector average73.47% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Mitie Group Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-24 14-Dec-23
Paid 05-Aug-24 31-Jan-24
Amount 3.00p 1.00p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 555,887 @ 117.40p
16:35 2 @ 117.40p
16:35 2,456 @ 117.40p
16:35 2,690 @ 117.40p
16:35 1,572 @ 117.40p

Mitie Group Key Personnel

CEO Phillip Bentley

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