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Wednesday, May 3, 2017

Mitie takes £50m profit hit after accounting issue – Financial Times

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Financial Times
Mitie takes £50m profit hit after accounting issue
Financial Times
Struggling British outsourcer Mitie on Wednesday recognised it had been aggressive in its accounting practices, as it announced a hit of up to £50m to its 2016-17 profit and said it may restate its 2015-16 results. Sample the FT’s top stories for a week.
Mitie expecting £40m-£50m hit after accounting reviewBelfast Telegraph
Mitie faces £50m accounting policy writedownCCH Daily inc Accountancy Live (subscription) (blog)
Mitie taking accounting write-down, trying to avoid covenant breachDIGITALLOOK
London South East (registration) (blog)
all 13 news articles »

May 03, 2017 at 11:11PM

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