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395.50 -1.50 (-0.38%)

Bid:

394.00

Ask:

395.50

Spread: 1.50 (0.381%)

Market Cap: £316.75m

Last checked at -

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Mears on track

Tue, 27th Oct 2009 07:38

Housing repair firm Mears is trading in line with expectations and said it has continued to experience strong trading across all divisions. Looking ahead, the group said it has close to full visibility of consensus forecast revenues for the current year and in excess of 72% per cent of next year's forecast revenues. 'We have an experienced management team which has been extremely successful in building our record forward order book and we are well positioned in a very active contract bidding market,' said the group.'Additionally, our strengthened management structure will allow us to successfully deliver future growth. We remain confident in Mears' prospects for the future as we continue to grow the group,' it added.