Rise in revenues but profit drop for Mears

Mears Group reported a 5% rise in revenues but pre-tax profits dropped by 12.5% in the year ended 31 December 2015. Turnover stood at £881.1m, compared to £838.7m, reflecting the full year impact of its acquisitions of Omega in October 2014 and Care UK’s Care at Home (CAH) business in May 2015. Taking into account…