Statement re Price Movement

RNS Number : 2975O
Mears Group PLC
25 June 2010
 



 

 

25 June 2010

 

Mears Group PLC

("Mears" or "the Group")

 

Statement re Price Movement

 

 

Mears notes the announcement made by Connaught regarding the delays in contracts within Social Housing and reflective share price movements. 

 

Mears is pleased to announce that they have not experienced such delays as a result of the Emergency Budget, and current trading remains in line with management expectations.

 

Mears is continuing to deliver strong trading across all divisions with an order book which currently stands at GBP2.5 billion with secured revenues of 91% of consensus forecast for the current year. 

 

-ends-

 

Enquires


Mears Group PLC


Bob Holt, Chief Executive

Tel: +44(0)7778 798 816

Andrew Smith, Finance Director

Tel: +44(0)7712 866 461  

IR - Hansard Communications


John Bick

Tel: +44(0)7872 061007

 

 


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