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On 13 November 2018, concerns about an EfW project in Derby led to a 30% slide to a 34-year low (29p) in Interserve's share price, [76] though it later ended down just 10% on the day. [77] A critic blamed its problems on ill-timed acquisitions, expansion into areas (probation, healthcare, EfW) where it had no experience, and a weak balance ...
From 1991 it was known as Tilbury Douglas following a merger with RM Douglas, but in 2001 rebranded as Interserve plc. The name change partly reflected a shift in focus during the 1990s towards maintenance and facilities management services sectors, and this continued in the 2000s, buoyed by further acquisitions.
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In August 2019, Interserve appointed Ken Hanna as a non executive director of its board, and chairman of RMD Kwikform. RMD Kwikform had been the strongest performer in the group, but results in 2018 showed a 27% drop in operating profits to £39.6m, as turnover fell to £195.5m from £229m. [ 12 ]
Debra Jayne White (born May 1962) is a British accountant and businesswoman. She was the chief executive (CEO) of Interserve from September 2017 until the end of 2019. In March 2020, the UK Government asked White to advise it on the establishment of a UK-wide network of testing centres in response to the COVID-19 pandemic.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.