8 December 2025 - trading update
The support services group Mears has issued a trading statement covering the year to 31 December confirming that trading has been strong and that the results for the year are therefore going to be at the top end of expectations. We had been forecasting adjusted pre-tax profits of £59m for the year, but have now increased the forecast to £60m for earnings per share of 48.5p. This puts the shares on a modest p/e ratio of just 7.6x. Although next year is expected to see lower levels of profitability as the . . .
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