Financial Times FT.com

Mears set to meet profits target

By Alistair Gray

Published: October 27 2009 18:30 | Last updated: October 27 2009 18:30

Another series of deals struck with social landlords buoyed revenue at Mears, keeping the repair and maintenance group on track for a 14 per cent rise in annual profits.

In a trading statement, the company said it had won about £450m of contracts since March – including a 10-year tie-up with Brighton & Hove council – and had an order book of more than £1.7bn ($2.7bn).

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