Mears Group (MER)

Sector:

Support

Index:

FTSE Small Cap

413.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 417.50
  • 52 Week Low: 332.50
  • Currency: UK Pounds
  • Shares Issued: 86.47m
  • Volume: 75,945
  • Market Cap: £357.14m
  • RiskGrade: 144
  • Beta: 0.00

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Interim Dividend4.75p3.70p3.25p2.50p3.65p
Final Dividend11.25p9.30p7.25p5.50p1.00p
Total Dividend16.00p3.70p10.50p2.50p3.65p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 1,132.51 1,089.33 959.61 878.42 805.82
Operating Profit/(Loss) 71.54 51.67 40.43 23.55 (6.28)
Net Interest (8.42) (5.24) (6.34) (8.07) (10.00)
Profit Before Tax 64.14 46.92 34.94 16.33 (15.22)
Profit After Tax 46.94 36.66 28.50 13.14 (12.01)
Discontinued Operations          
Profit After Tax n/a n/a 0.49 1.12 56.81
PROFIT FOR THE PERIOD 46.94 36.66 29.00 14.26 44.80
Attributable to:          
Equity Holders of Parent Company 46.53 35.20 28.31 14.12 44.52
Minority Interests 0.41 1.46 0.69 0.14 0.28
           
Continuing EPS          
Earnings per Share - Basic 50.27p 32.90p 25.07p 11.72p (10.66p)
Earnings per Share - Diluted 48.86p 31.94p 24.51p 11.50p (10.66p)
Earnings per Share - Adjusted 50.27p 32.90p 25.07p 18.23p (2.29p)
Continuing and Discontinued EPS          
Earnings per Share - Basic 50.27p 32.90p 25.51p 12.73p 40.21p
Earnings per Share - Diluted 48.86p 31.94p 24.94p 12.49p 40.21p
Earnings per Share - Adjusted 50.27p 32.90p 25.51p 18.23p 0.17p
           
Dividend per Share 16.00p 13.00p 10.50p 8.00p n/a
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 311.01 272.18 233.62 225.66 223.64
Intangible Assets 128.11 128.91 129.32 125.48 134.08
Investment Properties n/a n/a n/a n/a n/a
Investments 2.27 0.62 1.27 0.71 0.97
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 33.44 24.29 30.88 54.10 49.68
  474.83 426.01 395.09 405.96 408.37
Current Assets          
Inventories 1.17 1.46 6.88 22.87 31.26
Trade & Other Receivables 133.21 126.69 128.33 148.30 139.88
Cash at Bank & in Hand 91.40 138.76 98.14 54.63 96.22
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.73 7.09 2.42 2.15 0.36
  226.51 274.00 235.77 227.96 267.72
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 701.34 700.01 630.86 633.92 676.09
           
Liabilities          
Current Liabilities          
Borrowings 66.86 91.19 44.38 41.60 43.35
Other Current Liabilities 203.10 195.55 179.79 188.52 221.37
  269.96 286.74 224.17 230.12 264.72
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 230.64 199.95 181.04 175.29 205.54
Provisions 13.28 12.69 8.01 10.48 3.67
Other Non-Current Liabilities n/a 0.17 3.82 17.00 46.12
  243.92 212.81 192.87 202.76 255.32
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 513.88 499.55 417.04 432.88 520.04
           
Net Assets 187.46 200.46 213.82 201.04 156.05
           
Capital & Reserves          
Share Capital 0.91 1.02 1.11 1.11 1.11
Share Premium Account 2.58 2.33 82.35 82.26 82.22
Other Reserves (3.41) 4.73 9.77 9.28 8.52
Retained Earnings 184.03 189.43 119.10 107.58 63.54
Shareholders Funds 184.11 197.51 212.33 200.24 155.39
           
Minority Interests/Other Equity 3.36 2.95 1.49 0.80 0.66
Total Equity 187.46 200.46 213.82 201.04 156.05
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 128.80 135.89 110.93 56.67 105.79
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (3.56) (25.65) (5.91) (6.20) 52.56
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (147.14) (95.08) (61.52) (92.06) (135.19)
Net Increase/Decrease In Cash (21.90) 15.16 43.51 (41.59) 23.16
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 7.2 9.4 8.3 10.3 n/a
PEG - Adjusted 0.1 0.3 0.2 n/a n/a
Earnings per Share Growth - Adjusted 53% 31% 38% n/a n/a
Dividend Cover 3.14 2.53 2.39 2.28 n/a
Revenue per Share 1,309.64p 1,259.71p 1,109.70p 10.25p 931.85p
Pre-Tax Profit per Share 74.17p 54.26p 40.41p 0.19p (17.60p)
Operating Margin 6.32% 4.74% 4.21% 2.68% (0.78%)
Return on Capital Employed 19.60% 13.90% 12.99% 0.08% n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.2 9.4 8.2 1,024.4 905.9
PEG - Adjusted 0.1 0.3 0.0 128.0 n/a
Earnings per Share Growth - Adjusted 53% 29% 13,763% 8% -98%
Dividend Cover 3.14 2.53 2.43 0.02 n/a
           
Dividend Yield 4.4% 4.2% 5.0% 4.2% 0.0%
Dividend per Share Growth 23.08% 23.81% 31.25% n/a n/a
Operating Cash Flow per Share 148.95p 157.15p 128.28p 65.53p 122.34p
Cash Incr/Decr per Share (25.32p) 17.54p 50.31p (0.48p) 26.78p
Net Asset Value per Share (exc. Intangibles) 68.64p 82.73p 97.72p 87.37p 25.41p
Net Gearing 111.94% 77.15% 59.94% 81.03% 98.24%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page