our history

MITIE has always been different. Some would say unique.  

MITIE stands for Management Incentive Through Investment Equity and our ethos has always been to be to create opportunities for our people to succeed. This has helped us to build an environment where hard work and success are rewarded.  

The results are impressive. From a standing start, we now have revenues in excess of £1.4bn and we're one of only two FTSE 250 companies to have grown earnings per share for 20 consecutive years. Meaning impressive returns for shareholders too. The chart below shows our share price growth since we started:

             
When MITIE was smaller, most of our growth came from our unique model. We are still starting new businesses, but as we mature our markets are changing. Contracts are shifting from being small and procured locally to long-term regional or national contracts. MITIE is now a national integrated facilities, property and engineering services business working with customers to combine our services in bundles or as complete facilities management packages.  

Today we work on large scale national contracts for customers such as Rolls-Royce, Cable & Wireless, and Marks & Spencer as well as high profile contracts such as Heathrow Terminal 5, The Tower of London and the Scottish Parliament. 20 years of success... and we've only just started...