Mears enjoys £75m contract success

Mears Group secured new homecare contracts in excess of £75m in the period from 1 January 2014 to 12 November 2014, it reported in an interim management statement. This represents a bidding success rate of 61% (by value) for all tenders. In the stock exchange announcement, the directors said tender opportunities were showing a further move towards fewer providers with increasing contract length, which accords well with our long-term partnership approach’.