Profits up for Mears

Mears Group announced an 11% growth in pre-tax profits from 16.9m to £18.7m in its interim results for the six-months ended 30 June 2014.Total group revenue fell by a mere 3% to £428.1m from £439.1m previously in 2013. Care divisions showed a growth of 5% to £63.2m from £60.5m. Operating margins remained stable at 7.8%…