Mears Group PLC (LSE:MER) posted a resilient financial and operational performance in the first half of 2025. Despite a 4% dip in revenue, profit before tax rose by 5%, driven by an 8% increase in Maintenance-led activities and a perfect 100% contract retention rate. The company secured new orders valued at around £1.5 billion, reflecting strong demand. Focused investments in compliance, asset management, technology, and key account management underpin Mears’ growth strategy. The Board anticipates full-year adjusted profit before tax to surpass market expectations, signaling confidence in sustained momentum.

Outlook

Mears benefits from an appealing valuation and positive corporate developments, highlighting its growth trajectory and strategic positioning. However, technical signals suggest cautious market sentiment, and elevated leverage levels present some financial risk, slightly tempering the outlook.

About Mears Group Plc

Mears Group PLC is a leading UK housing services provider, primarily serving public and regulated sectors. It manages and maintains approximately 450,000 homes nationwide, working mainly with Central and Local Government through long-term contracts. The company is dedicated to high customer satisfaction and tackling affordable housing challenges by delivering innovative solutions and supporting vulnerable communities.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.