MITIE Group Plc Gets An Extension Of Contract From Lloyds Banking Group

MITIE Group Plc (LSE: MTO), has been awarded an extension to its contract by Lloyds Banking Group to provide integrated facilities management (IFM) services. The contract extension is expected to generate revenues of approximately £170 million per annum and will continue to be delivered across Lloyds Banking Group’s nationwide branch network and office estate covering 30 service lines.

On 12th September 2019, at the time of writing, GMT 12.32 PM, MTO shares were trading at GBX 152.60, down by 0.90 points or 0.59% against the previous day closing price.