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Mears Group PLC Ord 1P (MER)

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15-Aug-2019 03:20 PM

Broker Forecast - Jefferies International issues a broker note on Mears Group PLC

Jefferies International today reaffirms its hold investment rating on Mears Group PLC (LON:MER) and cut its price target to 300p (from 380p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Aug-2019 07:49 AM

Mears profit falls 3% as margins shrink

Housing and care-sector services provider Mears reported a 3% decline in first-half profit owing to weaker margins. Pre-tax profit for the six months through June fell to £12.5m, down from £12.9m on-year, even as revenue rose 10% to £48
25-Jun-2019 08:04 AM

Mears says trading in line despite challenges in support services sector

Housing and care sector support provider Mears Group said its anticipated results for calendar 2019 continued to be in line with its previous guidance. The company said the first half of the year had seen an intensive period of mobilisation after it secu
19-Mar-2019 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on Mears Group PLC

Peel Hunt today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and cut its price target to 450p (from 500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-Mar-2019 07:57 AM

Mears profit rises 7.4% on margin improvement as sales slip

Housing and care sector services provider Mears Group posted a 7.4% rise in annual profit as it improved margins amid falling sales. Pre-tax profit for the year through December rose to £28.4m, even as revenue fell 3.4% to £869.8m. Operating
15-Jan-2019 08:27 AM

Mears says 2018 trading met expectations in 'competitive' market

Housing and care sector support services provider Mears said trading in 2018 met its expectations in a 'competitive' trading environment. Spending by customers in housing and car was broadly stable and, though budgets were always under pressure
14-Aug-2018 08:20 AM

Broker Forecast - Peel Hunt issues a broker note on Mears Group PLC

Peel Hunt today upgrades its investment rating on Mears Group PLC (LON:MER) to buy (from under review) and set its price target at 500p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Aug-2018 07:07 AM

Mears profit edges up 1% as margin improvements offset revenue fall

Housing support services and aged care provider Mears Group posted a small increase in first-half profit, as cost savings and a focus on better quality work boosted margins. Pre-tax profit rose 1% to £12.9m, even as revenue fell 8% to £435.3m
06-Aug-2018 11:40 AM

Broker Forecast - Jefferies International issues a broker note on Mears Group PLC

Jefferies International today reaffirms its hold investment rating on Mears Group PLC (LON:MER) and cut its price target to 380p (from 460p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Jun-2018 07:38 AM

Mears says housing division revenues have stabilised

Mears Group, which provides support services to the housing and care sectors, said its results for the full year were expected to be in line with market expectations. In a trading update ahead of first-half results, the company said revenues in its housi
20-Mar-2018 12:30 PM

Broker Forecast - Investec issues a broker note on Mears Group PLC

Investec today reaffirms its hold investment rating on Mears Group PLC (LON:MER) and cut its price target to 385p (from 460p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Mar-2018 10:20 AM

Broker Forecast - Peel Hunt issues a broker note on Mears Group PLC

Peel Hunt today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and cut its price target to 500p (from 550p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Mar-2018 09:40 AM

Broker Forecast - Liberum Capital issues a broker note on Mears Group PLC

Liberum Capital today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and cut its price target to 450p (from 480p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Mar-2018 09:39 AM

Mears profit falls 7% in wake of Grenfell Tower disaster

Housing and care-sector services provider Mears Group posted a fall in annual profit, amid delays to the timing of planned workloads following the fatal fire at Grenfell Tower. Pre-tax profit slipped 7% to £37.1m, as revenue declined by 4% to &poun
05-Dec-2017 09:24 AM

Mears says housing revenue has continued to soften

Social housing and care-sector support company Mears Group said it had seen further softening of revenues in its housing division. The company said it had commenced a "right-sizing" across a range of support functions that would would last unti
05-Dec-2017 09:00 AM

Broker Forecast - Liberum Capital issues a broker note on Mears Group PLC

Liberum Capital today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and cut its price target to 480p (from 525p). Story provided by StockMarketWire.com...
10-Nov-2017 12:00 PM

Broker Forecast - Liberum Capital issues a broker note on Mears Group PLC

Liberum Capital today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and raised its price target to 525p (from 500p). Story provided by StockMarketWire.com...
17-Aug-2017 08:20 AM

Broker Forecast - Liberum Capital issues a broker note on Mears Group PLC

Liberum Capital today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and cut its price target to 500p (from 540p). Story provided by StockMarketWire.com...
15-Aug-2017 07:38 AM

Mears to lose profits after Grenfell Tower fire

Housing and social care provider Mears said its housing revenues will be £30 million lower than previously expected this year, resulting in a loss of profit and lower overhead recovery. It warned that the recent tragic events at Grenfell Tower will
07-Jun-2017 01:15 PM

Mears shareholders pass all resolutions at AGM

Mears Group has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:15pm: (LON:MER) Mears Group PLC share price was -6.25p at 492.25p Story provided by StockMarketWire.com...
24-Mar-2017 01:30 PM

Broker Forecast - Liberum Capital issues a broker note on Mears Group PLC

Liberum Capital today reaffirms its buy investment rating on Mears Group PLC (LON:MER) and raised its price target to 540p (from 525p). Story provided by StockMarketWire.com...
17-Jan-2017 09:45 AM

Mears Group sees FY results in line with views

Mears Group said in a pre-close trading update that it continues to deliver a solid trading performance and anticipates reporting FY results in line with management expectations. The Group expects to report a small net debt balance at 31 December 2016.
17-Aug-2016 08:00 AM

Broker Forecast - Jefferies International issues a broker note on Mears Group PLC

Jefferies International today reaffirms its hold investment rating on Mears Group PLC (LON:MER) and raised its price target to 460p (from 430p). Story provided by StockMarketWire.com...
28-Jun-2016 08:18 AM

Mears delivers solid trading performance

Care support services firm Mears (MER) delivered a solid trading performance and anticipates reporting results for the half year in line with management expectations. The group achieved 97% visibility of the £973 million consensus revenue forecast
12-Jan-2016 07:44 AM

Mears Group delivers strong FY trading performance

Mears Group said it continues to deliver a solid trading performance and anticipates reporting FY results in line with management expectations. "The Group has 94% visibility of the market consensus revenue forecast for 2016 of £975 million (2015: 92
 
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