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Mears Group
Mears Group (MER) investor relations material
Mears Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary30 Jun, 2026
Trading performance and contract wins
Secured £1.5bn in new orders with Local Government during the first half of the year.
Announced a new £150m, 10-year contract with Rooftop Housing Group for services to 7,000 housing units.
Continued strong growth in core maintenance activities, supported by major contract wins.
Integration of the Pennington business is progressing well, enhancing compliance and asset management offerings.
Financial outlook and expectations
Full-year results are expected to be in line with market expectations: revenue of £1,038m and adjusted profit before tax of £50.7m.
Interim results for the six months ended 30 June 2026 will be announced on 6 August 2026.
Strategic positioning and operational focus
Positioned to deliver additional housing services to Central Government.
Focus on long-term outcomes and innovations that improve quality of life and community wellbeing.
Maintains high customer satisfaction and manages around 450,000 homes across the UK.
Employs over 5,000 people and operates in every UK region.
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Latest events from Mears Group
- 12% maintenance-led revenue growth and record order book drive robust outlook.MER
H2 202526 Mar 2026 - Profit and margins surged on organic growth and new contracts, with 2025 guidance raised.MERH2 202420 Feb 2026
- Maintenance-led revenues up 10%, profit at top end of guidance, and strong contract retention.MERTrading update22 Jan 2026
- Profit and margins rose, driven by Maintenance growth and strong contract retention.MERH1 20257 Aug 2025
- Upgraded full-year outlook driven by strong H1 trading and growth in maintenance services.MERTrading Update3 Jul 2025
- FY24 profit and revenue forecasts upgraded on strong trading and margin improvements.MERTrading Update13 Jun 2025
- Double-digit revenue and profit growth in H1 2024, with robust outlook and major contract wins.MERH1 202413 Jun 2025
- Mears expects FY24 profit and revenue to surpass market forecasts, driven by strong H1 trading.MERTrading Update13 Jun 2025
- FY24 results to exceed expectations as Mears secures contracts and boosts margins.MERTrading Update6 Jun 2025
Next Mears Group earnings date
H1 20263 Aug, 2026
Mears Group
Next Mears Group earnings date
H1 20263 Aug, 2026
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