Mears on target

Following its acquisition of Care UK’s homecare business (CCMn June 2015), Mears Group announced that its two core businesses had achieved 93% visibility of the £881m consensus revenue forecast for 2015. Its trading statement issued to the London Stock Exchange also revealed it had achieved 92% visibility of the £930m consensus revenue forecast for 2016 (prior to the purchase of Care UK’s Care at Home division).