Social housing maintenance firm Mears beat profit forecasts for 2011 as it sought to grow its care homes business.
Turnover came in at £589m slightly below the consensus forecast of £598m but still 12% ahead of 2010.
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The social housing maintenance and repairs division, the group's bggest saw revenues of £415m, up 9% on 2011, while the recently acquired care division beat 2010 by 8%, coming in at £108.5m.
Dividend per share was increased by 6.75p per share to 7.5p.
Mears also says it has booked revenues equivalent to 94% of the consensus forecast for 2012 and 80% of 2013's expected turnover.
Chief Executive David Miles said he was in the market for bolt-on acquisitions.
Shares in Mears had risen 0.7% by 09:51
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