Mears Group (MER)

Sector:

Support

Index:

FTSE Small Cap

379.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 417.50p
  • 52 Week Low: 332.50p
  • Currency: UK Pounds
  • Shares Issued: 86.47m
  • Volume: 81,834
  • Market Cap: £327.74m
  • RiskGrade: 144
  • Beta: 0.00

Mears set to beat full-year expectations

By Josh White

Date: Friday 16 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Mears, a prominent provider of services to the housing sector, announced a robust trading performance for the first five months of its financial year on Friday.
The company said it experienced sustained growth in revenues, saw improving operating margins, and demonstrated exceptional cash performance.

As a result, Mears said it expected that its full-year profits would significantly surpass current market expectations.

"The group is scheduled to release its interim results for the six months to 30 June on Thursday 3 August," the Mears board said in its statement.

At 0811 BST, shares in Mears Group were up 6.65% at 280.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mears Group Market Data

Currency UK Pounds
Share Price 379.00p
Change Today -3.00p
% Change -0.79 %
52 Week High 417.50p
52 Week Low 332.50p
Volume 81,834
Shares Issued 86.47m
Market Cap £327.74m
Beta 0.00
RiskGrade 144

Mears Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.19% above the market average33.19% above the market average33.19% above the market average33.19% above the market average33.19% above the market average
88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average
Price Trend
29.89% above the market average29.89% above the market average29.89% above the market average29.89% above the market average29.89% above the market average
42.55% above the sector average42.55% above the sector average42.55% above the sector average42.55% above the sector average42.55% above the sector average
Income
72.93% above the market average72.93% above the market average72.93% above the market average72.93% above the market average72.93% above the market average
85.45% above the sector average85.45% above the sector average85.45% above the sector average85.45% above the sector average85.45% above the sector average
Growth
80.80% above the market average80.80% above the market average80.80% above the market average80.80% above the market average80.80% above the market average
86.52% above the sector average86.52% above the sector average86.52% above the sector average86.52% above the sector average86.52% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Mears Group Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Jun-25 12-Sep-24
Paid 10-Jul-25 03-Oct-24
Amount 11.25p 4.75p

Trades for 11-Jul-2025

Time Volume / Share Price
16:35 580 @ 379.00p
16:35 26,849 @ 379.00p
16:35 1 @ 379.00p
16:35 644 @ 379.00p
16:35 187 @ 379.00p

Mears Group Key Personnel

Finance Director Andrew C M Smith
Chair Jim Clarke
CEO Lucas Critchley

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