Social housing group ‘increasingly confident’ of beating 2025 expectations

Social housing group Mears now expects to be "marginally ahead" of expectations for 2024 and is "increasingly confident" of outperforming current predictions for 2025. Current market consensus is for adjusted pre-tax profits of £60.9m and £44.7m for last year and this year respectively. The Gloucester-based group employs 5,000 people delivering contracts mainly with local and central government to manage and maintain around 450,000 homes across the UK. Lucas Critchley, chief executive of Mears, said: "The group continues to... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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