The first stage of Mitie's transformation aimed at "fixing the business" was now complete, Bentley said in an interview, adding that the next phase would focus on growth. Over the medium term, Mitie is targeting mid-single-digit revenue growth on percentage terms and profit margins of 4.5% to 5.5%. Mitie also raised its targeted cost savings from the purchase of collapsed rival Interserve's facilities management business to 42 million pounds from 35 million. ($1 = 0.7096 pounds)