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Mears to benefit from government housing focus

It is returning to pre-pandemic profitability and has lowered its debt burden
August 13, 2021
  • Dividend has been reinstated at 2.5p
  • Profitability is strengthening towards normal levels

Housing maintenance service provider Mears Group (MER) offers a good way to get exposure to the government’s upcoming housing investment plan. Its trading has bounced back strongly in the first half of the year after sales were hit last year by maintenance work being put on hold due to the pandemic. 

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