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BUZZ: Outsourcer Mitie slips as new CEO reviews accounts

Reuters - UK Focus

Jan 16 (Reuters) - ** Shares (Berlin: DI6.BE - news) in Mitie down 3.5 pct after The Times reports new CEO Phil Bentley is calling in auditors to review its accounts and potentially slash profits ** "As with any new CEO coming into a company, of course (Bentley) will review the accounts to see what is going on. We've also got new IFRS (accounting) rules coming in, which would also make it necessary," a spokesman for Mitie said ** The outsourcing services firm issued two profit warnings in the latter months of 2016 saying the uncertainty among its customers after Britain voted to leave the European Union had resulted in fewer new orders. Its CEO stepped down in December.

(Reporting by Elisabeth O'Leary; editing by Susan Thomas)