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Trading statements

Mears Group sees FY results in line with its views

13 January 2015 07:36

Mears Group delivered a solid trading performance across both core divisions and anticipates reporting results for the full year in line with management expectations.

Mears continues to benefit from strong cash conversion and anticipates reporting a net cash position as at 31 December 2014.

The Group has 92% visibility of the market consensus revenue forecast for 2015 of £886 million (2014: 90%).

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Related Company: MER

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