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BREAKING NEWS

Mears Group posts drop in half-year profit, order book strong

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(Reuters) – Britain’s Mears Group Plc <MERG.L> reported a 10% fall in adjusted half year pretax profit on Tuesday, but it maintained that its order book was strong.

The company, which gives support services to the social housing and care sectors in Britain, said adjusted pretax profit fell to 17.1 million pounds from 19 million pounds last year.

(Reporting by Sangameswaran S in Bengaluru; Editing by Shounak Dasgupta)

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