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Mears Group Plc ( (GB:MER) ) has shared an announcement.
Mears Group PLC reported strong financial and operational performance for the first half of 2025, with a 5% increase in profit before tax despite a 4% decline in revenue. The company achieved an 8% growth in Maintenance-led activities and maintained a 100% contract retention rate, securing new orders worth approximately £1.5 billion. Mears’ strategic focus on compliance and asset management, along with investments in technology and key account management, positions the company well for future growth. The Board expects adjusted profit before tax for the full year to exceed market expectations, reflecting confidence in the company’s growth momentum.
The most recent analyst rating on (GB:MER) stock is a Buy with a £4.80 price target. To see the full list of analyst forecasts on Mears Group Plc stock, see the GB:MER Stock Forecast page.
Spark’s Take on GB:MER Stock
According to Spark, TipRanks’ AI Analyst, GB:MER is a Outperform.
Mears Group scores well due to its attractive valuation and positive corporate events, reflecting strong growth and strategic positioning. However, technical indicators suggest cautious market momentum, and financial performance is hampered by high leverage risk, which slightly moderates the overall score.
To see Spark’s full report on GB:MER stock, click here.
More about Mears Group Plc
Mears Group PLC is a leading provider of housing services in the UK, focusing on the public and regulated sectors. The company manages and maintains approximately 450,000 homes across the country, working primarily with Central and Local Government through long-term contracts. Mears is committed to delivering high levels of customer satisfaction and addressing the challenges of affordable housing by providing innovative solutions and support for vulnerable populations.
Average Trading Volume: 132,651
Technical Sentiment Signal: Strong Buy
Current Market Cap: £322.7M
See more insights into MER stock on TipRanks’ Stock Analysis page.