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Mears Group PLC

MERG.L

Latest Trade

191.00GBp

Change

-2.00(-1.04%)

Volume

104,915

Today's Range

184.50

 - 

195.00

52 Week Range

139.00

 - 

228.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
193.00
Open
195.00
Volume
104,915
3M AVG Volume
6.72
Today's High
195.00
Today's Low
184.50
52 Week High
228.00
52 Week Low
139.00
Shares Out (MIL)
110.90
Market Cap (MIL)
214.04
Forward P/E
10.79
Dividend (Yield %)
1.30

Next Event

Full Year 2021 Mears Group PLC Earnings Release

Latest Developments

More

Mears Group Sees FY Adj PBT Of About £25 Mln

Mears Group H1 Revenue Rises 11.8%

Mears Group Sees H1 Adj PBT Of About £11 Mln

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About Mears Group PLC

Mears Group PLC is a United Kingdom-based company, which provides housing services. The Company's divisions include Maintenance and Management. Maintenance division offers repairs and maintenance of homes in partnership with local authorities and housing associations. Management division offers management of homes and accommodation for key worker/vulnerable groups. The Company works with central government and local government, in the delivery of housing services. In partnership with its housing clients, it maintains, repairs and upgrades the homes of people in communities from remote rural villages to inner-city estates. The Company's subsidiaries include Let to Birmingham Limited, Manchester Working Limited, Mears Estates Limited, Mears Home Improvement Limited, Mears Housing Management Limited, Omega Housing Limited and O&T Developments Limited.

Industry

Business Services

Contact Info

1390 Montpelier Court

Gloucester Business Park, Brockworth

GL3 4AH

United Kingdom

+44.1452.634600

https://www.mearsgroup.co.uk/

Executive Leadership

Kieran F. Murphy

Independent Non-Executive Chairman of the Board

David John Miles

Chief Executive Officer, Executive Director

Roy Irwin

Independent Non-Executive Deputy Chairman of the Board

Andrew Christopher Melville Smith

Finance Director, Executive Director

Alan Martin Long

Executive Director

Key Stats

1.60 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2018

0.9K

2019

1.0K

2020

0.8K

2021(E)

0.8K
EPS (GBp)

2018

29.060

2019

27.260

2020

-2.290

2021(E)

17.894
Price To Earnings (TTM)
47.70
Price To Sales (TTM)
0.25
Price To Book (MRQ)
1.21
Price To Cash Flow (TTM)
3.61
Total Debt To Equity (MRQ)
139.99
LT Debt To Equity (MRQ)
120.31
Return on Investment (TTM)
1.08
Return on Equity (TTM)
0.73

Latest News

Latest News

UPDATE 1-Britain's Mears forecasts lower annual revenue

Mears Group Plc forecast a drop in annual revenue on Tuesday, while saying that it posted a profit for the second half as demand for homecare services recovered from pandemic lows hit earlier this year.

Britain's Mears forecasts lower annual revenue

Mears Group Plc forecast a drop in annual revenue on Tuesday, while saying that it posted a profit for the second half as demand for homecare services recovered from pandemic lows hit earlier this year.

BRIEF-Mears Says Unlikely That Will Continue To Interact With Customers As Usual

* MEARS GROUP PLC - IT IS UNLIKELY THAT MEARS WILL CONTINUE TO INTERACT WITH ITS CUSTOMERS AS USUAL

Mears unit sale plan to hit 1,500 jobs; order book falls

Mears Group Plc <MERG.L> reported a lower order book at the end of 2019 and said it was in advanced talks to sell its unit that provides homecare services in England and Wales, impacting about 1,500 jobs.

Mears to sell England and Wales Domiciliary Care unit, affecting 1,500 jobs

Britain's Mears Group Plc said on Tuesday it was in advanced talks to sell its England and Wales Domiciliary Care business units that would affect about 1,500 jobs across 18 branches.

UPDATE 2-Mears Group first half profit falls, new contracts boost order book

* Order book up 43% (Adds further details on company and CEO quote)

Mears Group posts drop in half-year profit, order book strong

Britain's Mears Group Plc <MERG.L> reported a 10% fall in adjusted half year pretax profit on Tuesday, but it maintained that its order book was strong.

UPDATE 1-Mears top shareholder seeks to place two nominees to board

Mears Group said on Friday top shareholder PrimeStone Capital has called on the company to add two of its nominees as non-executive board members, a month after the social housing provider's shares slumped after disappointing results.

Mears top shareholder proposes two board nominees

Britain's Mears Group said on Friday its largest shareholder has called on the company to add two of its nominees as non-executive board members, and has put up the proposals for vote at the company's annual shareholder meeting.

UPDATE 2-Britain's Mears hit by profit drop, debt rise as demand wanes

* Interserve, Carillion have wider impact -CEO (Adds CEO comments, details, share movement)

Mears slumps on profit miss, revenue growth warning

Shares in Britain's Mears Group Plc fell more than 15 percent on Tuesday after the company reported full-year pretax profit that missed estimates and warned revenue growth could slow.

Serco, Mears win 2.9 bln stg UK housing contracts for asylum seekers

British outsourcers Serco Group Plc and Mears Group Plc have been awarded contracts by the UK Home Office Visas and Immigration department to provide accommodation and support for asylum seekers, the companies said on Tuesday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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