Shares in social housing and care provider Mears were up on news that contract successes have pushed it almost all the way to meeting the market's revenue expectations for 2012.
The company said its order book has risen to £2.8bn. The strong order book means that the company has booked 93% of 2012's forecast revenues and 78% of 2013's, and there could be more to come; the group said there is immediate bidding opportunity for further contracts due to start over the course of 2012 at £1.1bn. In total, the bid pipeline has a value of more than £3.0bn.
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