Mears Group plc (MER)

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MERLondon Stock Exchange
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Financial charts

Total cash / debt

CashTotal debt

Financial statements

6 annual periodsNewest to oldest
202520242023202220212020
Revenue£1.14B£1.13B£1.09B£959.6M£878.4M£805.8M
Gross profit£265.8M£253.3M£218.8M£195.7M£180.5M£156.3M
Gross margin23.41%22.36%20.08%20.39%20.55%19.39%
Operating expenses£190.8M£181.7M£167.1M£155.3M£156.9M£162.6M
Operating income£75.0M£71.5M£51.7M£40.4M£23.5M−£6.3M
Operating margin6.61%6.32%4.74%4.21%2.68%−0.78%
EBITDA£160.3M£149.2M£118.2M£97.1MN/AN/A
EBITDA margin14.11%13.17%10.85%10.12%N/AN/A
Net income£45.9M£46.9M£36.7M£29.0M£14.3M£14.3M
Net profit margin4.05%4.14%3.37%3.02%1.62%1.77%
Basic EPSper basic share£0.56£0.50£0.33£0.26£0.13£0.40
Diluted EPSper diluted share£0.54£0.49£0.32£0.25£0.12£0.40

Owners

Reported major voting-rights holders

FCA threshold notices
FIL Limited · 9.98% of voting rightsJPMorgan Asset Management Holdings Inc. · 9.21% of voting rightsHeronbridge Investment Management LLP · 4.98% of voting rightsFMR LLC · 4.88% of voting rightsApex Financial Services (Trust Company) Limited · 4.12% of voting rights
9.98%of voting rights
FIL LimitedNotified Oct 9, 2026
View holders
Reported major voting-rights holders of MER
HolderVoting rights
9.98%Oct 9, 2026 · 8.19M votes
9.21%Jul 16, 2026 · 7.7M votes
4.98%Sep 11, 2025 · 4.3M votes
4.88%Aug 20, 2026 · 4.06M votes
4.12%Jun 12, 2026 · 3.49M votes

These are threshold-crossing notices, not a complete ownership register. Percentages show issuer voting rights held through the listed share class, exclude financial instruments, and come from different dates. Positions may overlap.

Gray completes the 100% scale; it is not an estimate of other owners.

Source: FCA voting-rights notice ↗Updated Oct 21, 2026

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