Mears Group Plc (MER.L), a housing and social care provider, announced on Thursday that it now expects full-year 2024 result to be marginally ahead of current market expectations.
Lucas Critchley, CEO of Mears Group, said: "The robust period of contract retention evidences the strength of our market position. The progress made across all parts of the Group through 2024 is expected to continue into 2025."
For the full-year 2024, Analysts' consensus is for an adjusted pre-tax income of 60.9 million pounds, on revenue of 1.126 billion pounds.
Looking ahead to the full-year 2025, the Group noted that it is increasingly confident of delivering result against market expectations for adjusted pre-tax earnings of 44.7 million pounds, on revenue of 982 million pounds.
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