Mon, 17th Oct 2016 09:22
(ShareCast News) - Mortice saw a period of expansion in its half year report on Tuesday, although profits took a tumble. The AIM-listed security and facilities management firm saw revenues grow 19% in the six months to 30 September, to $51m (£34.36m). Its EBITDA, however, plummeted 40% to $1.28m, a
Read more(ShareCast News) - Mortice has conditionally agreed to buy UK-based property service company Office & General Group for up to £6.5m in cash and stock. The AIM-listed security and facilities management company said that once completed, the deal is expected to be immediately earnings-enhancing. The £
Read moreSecurity and facilities management group Mortice forecast its full year revenues to be in line with market expectations, but it will miss its profits forecasts due to additional costs. Investment growth has driven revenues up by 20% against the previous year, helped by a competitive pricing in the f
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