REG - Mears Grp PLC - Trading Update

MearsAnnouncement

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RNS Number : 6181K  Mears Group PLC  08 December 2025

Mears Group PLC

("Mears" or the "Group")

Trading update

 

Mears Group PLC, the leading provider of housing services to the public and
regulated sectors in the UK has traded strongly in the second half to date and
anticipates that adjusted profit before tax for the financial year ended 31
December 2025 is expected to be at the top end of market guidance issued on 7
August 2025.

 

The Board intends to release a more detailed trading update in January 2026.

 

 

For further information, contact:

 

Mears Group PLC
 
Tel: +44(0)1452 634 600

Lucas Critchley

Andrew Smith

 

Deutsche Numis
 
Tel: +44(0)207 260 1000

Julian Cater

Kevin Cruickshank

 

Panmure Liberum
 
Tel: +44(0)207 886 2500

Tom Scrivens

James Sinclair-Ford

 

About Mears

 

Mears is a leading provider of services to the Affordable Housing sector,
providing a range of services to individuals within their homes. We manage and
maintain around 450,000 homes across the UK and work predominantly with
Central Government and Local Government, typically through long-term
contracts. We equally consider the residents of the homes that we manage and
maintain to be our customers, and we take pride in the high levels of customer
satisfaction that we achieve.

 

Mears currently employs over 5,000 people and provides services in every
region of the UK. In partnership with our Housing clients, we provide property
management and maintenance services. Mears has extended its activities to
provide broader housing solutions to solve the challenge posed by the lack of
affordable housing and to provide accommodation and support for the most
vulnerable.

 

We focus on long-term outcomes for people rather than short-term solutions and
invest in innovations that have a positive impact on people's quality of life
and on their communities' social, economic, and environmental wellbeing. Our
innovative approaches and market leading positions are intended to create
value for our customers and the people they serve while also driving
sustainable financial returns for our providers of capital, especially our
shareholders.

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