Serco and Mears score UK asylum accommodation contracts
8th Jan 2019 12:41
(Sharecast News) - The Home Office has awarded its asylum accommodation and support services contracts to Mears and Serco.
Read moreLiberum sees dual benefits of Mears and Mitie social housing deal
19th Nov 2018 11:39
(Sharecast News) - Analysts at Liberum said Mitie's decision to sell its social housing businesses - Mitie Property Management and MPS Housing - to Mears Group for as much as £35m in cash was a "sensible deal" that strengthened both balance sheets.
Read moreMitie to sell social housing business to Mears for up to £35m
19th Nov 2018 09:34
(Sharecast News) - Outsourcer Mitie has agreed to sell its social housing business - Mitie Property Management and MPS Housing - to Mears Group for up to £35m in cash.
Read moreFireAngel to supply safety system for Mears social housing
12th Sep 2018 11:22
(Sharecast News) - Home safety product developer and supplier FireAngel has signed an exclusive partnering agreement with housing and care support services provider Mears, it announced on Wednesday.
Read moreTuesday broker round-up
14th Aug 2018 13:24
(Sharecast News) - Elementis: Berenberg upgrades to buy with a target price of 315p.
Read moreMears profits on the rise despite drop in revenue
14th Aug 2018 09:02
(Sharecast News) - Support services provider Mears saw pre-tax profits improve throughout the first half of its trading year despite reporting a decline in revenue.
Read moreMears wins 10-year Manchester maintenance contract
25th Jan 2017 09:02
(ShareCast News) - Mears has won one of its largest repairs and maintenance contracts from Manchester City Council outright, which was said to be worth £86m over a potential 10-year period. The FTSE Small Cap-listed company won the contract to carry out repairs, empty property and servicing work
Read moreMears reports 'solid' 2016 performance
17th Jan 2017 15:38
(ShareCast News) - Social housing and care support services provider Mears issued a pre-close trading update on Tuesday, ahead of its preliminary results for the year to 31 December, which will be released on 21 March. The London-listed firm said it was continuing to deliver a "solid" trading perfor
Read moreWednesday broker round-up
17th Aug 2016 21:35
(ShareCast News) - Polypipe: Berenberg maintains buy with a 360p target. Vodafone: Jefferies reiterates buy with a 260p target. Standard Chartered: HSBC downgrades to hold with a 650p target. Prudential: Goldman Sachs keeps at buy with a target price of 1750p. WPP: Berenberg reiterates hold with
Read moreMears Group revenue up as board continues turnaround
16th Aug 2016 14:59
(ShareCast News) - Provider of support services to the social housing and care sectors Mears Group announced its interim results for the six months to 30 June on Tuesday,with revenue of £466.2m up 8% from the same time last year. The London-listed company's housing division, which accounts for 84% o
Read moreMears Group's full year results 'solid enough', says Investec
15th Mar 2016 10:56
(ShareCast News) - Mears Group's shares rose slightly as Investec said the company's full year results were "solid enough" and in line with expectations. Investec retained its 'hold' rating and left its target price at 440p after the service provider for the social housing and care sectors reported
Read moreMears Group lifted by first half profit boost; CEO says care sector challenging
18th Aug 2015 10:57
(ShareCast News) - Shares in Mears Group were up after the housing repairs company posted a 3% lift in first half pre-tax profits. At 1054 BST shares in the company were up by 2.85% to 405.50p. Mears, which provides support services to the social housing and care sectors in the UK, reported a boost
Read moreMears Group obtains new social housing contracts in first half
3rd Jun 2015 11:22
Social housing and care services provider Mears Group said it performed well across its core divisions during the first quarter of the year, in-line with management expectations. As a result, the group was expecting revenue to reach £881m in 2015 and £930m in 2016 thanks to new contracts in its soci
Read moreMears Group buys Care UK Homecare businesses for £11.3m
1st Jun 2015 09:56
Social housing and care sector services provider Mears Group said on Monday that it has agreed to buy the Care at Home (CAH) division of Care UK Ltd for a £11.3m in cash. The unit provides community-based care services to over 10,000 services users in England, Wales and Scotland and has contracts wi
Read moreMears continues to experience lower level of new Social Housing bidding opportunities
12th Nov 2014 12:30
Mears shares dropped on Wednesday after the social housing support services provider revealed that it had continued to experience a lower level of new Social Housing bidding opportunities. It said this had resulted in 96% visibility of the £864m market consensus revenue forecast for 2014 and more th
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