This week’s unexpected Trading Update from Mears Group (LON:MER) has resulted in analysts upgrading their current year estimates.
We will have to wait until next month for a detailed report on the UK’s leading housing services provider’s business report for its full year to end-December.
The £345m-capitalised group released the unscheduled release confirming that it will perform towards the top end of market expectations, due to improved sales and margins.
The market reaction has seen the shares rise from 350p to a 379p peak this week, before slipping back to the current 372p...
