Mears order book jump as new contracts sealed

City A.M. Reporter
Construction company Mears has secured new contracts worth £120m since March and has seen its order book make a healthy rise.

The company said its order book stood at £2.7bn with 93 per cent of this year’s target revenue already secured.

Chief executive David Miles said: ”We continue to see high levels of opportunity within the public sector.

“We believe that the demand and opportunity for our two growth markets will continue to be strong and that Mears is well placed to benefit.

“Our Social Housing division will continue to focus on further organic growth."