Highlights
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Modest growth in overall sales
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Debt levels comfortably within banking covenants
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Operating profit in line with our expectations, slightly down on previous year due to investment in customers, IT and capability
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Cash generation impacted by higher costs of change, reduced reliance on invoice discounting and normalisation of our balance sheet
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Higher total cost savings expected from Transformation Programme, with associated higher cost of change
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Technology-led Connected Workspace strategy helping to drive top-line growth
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Improving operational delivery to clients, with better year-on-year Net Promoter Scores
https://www.investegate.co.uk/mitie-gro ... 00049148H/