Mears remains ‘highly selective’ with care bidding

David Miles, chief executive, Mears Group

Care revenue has fallen 13% at Mears Group as the company remains ‘highly selective in bidding’ for new work, while regularly revisiting existing activities. Its care division revenue fell to £116.6m in the year ended 31 December from £134.1m, while operating profit in the segment rose to £3.8m (2017: £500,000). Operating margins rose 3.2% (2017:…

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