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Mears Group Plc ( (GB:MER) ) has issued an update.
Mears Group PLC reported steady full-year 2025 results, with revenue broadly flat at £1.14bn but a shift toward higher-margin maintenance-led work, which now accounts for 55% of sales. Statutory operating profit and margins improved modestly, earnings per share rose double digits, and the board lifted the full-year dividend by 9%, signalling confidence in cash generation and future prospects.
Operationally, the group delivered near-100% retention on rebid contracts and secured major long-term deals, lifting its order book to a record £4.0bn and reinforcing its position in U.K. social housing maintenance. Strategic moves included the acquisition of compliance specialist Pennington Choices, the sale of non-core facilities management activities, and the launch of a £20m share buyback, with management maintaining guidance for maintenance-led growth and stable margins despite expected declines in asylum services revenue.
The most recent analyst rating on (GB:MER) stock is a Buy with a £399.00 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 MER Stock
According to Spark, TipRanks’ AI Analyst, MER is a Outperform.
Mears Group Plc shows strong financial performance with solid growth and profitability, although high leverage is a concern. The stock’s valuation is attractive with a low P/E ratio and high dividend yield. The recent acquisition is a positive strategic move, enhancing growth prospects. Technical indicators suggest stable market conditions.
To see Spark’s full report on MER stock, click here.
More about Mears Group Plc
Mears Group PLC is a leading U.K. provider of housing services, managing and maintaining around 450,000 homes for central and local government under long-term contracts. The company employs over 5,000 staff nationwide and offers property management, maintenance, and broader housing solutions aimed at affordable housing and support for vulnerable residents.
Average Trading Volume: 167,176
Technical Sentiment Signal: Hold
Current Market Cap: £280.2M
For an in-depth examination of MER stock, go to TipRanks’ Overview page.