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A Mitie performance

Mitie delivered a solid performance in the year, helped by better-than-expected organic growth of 5.3 per cent in the second half - meaning 3.5 per cent growth for the year. Operating margins also improved, up from 5.4 per cent to 5.7 per cent, while cash conversion of 86.7 per cent easily beat the 80 per cent stated target.

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By Jonas Crosland,
23 May 2011

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