The integration of Morrison into Mears is substantially complete, its losses have been stemmed and Morrison will break even for the half-year before the exceptional cost of integration.
鈥淭he speed of this turnaround is ahead of our original expectation,鈥 says chairman Bob Holt.
He also reports that Mears has won 拢125m of new business since 1 January 2013 and the order book stands at 拢3.8bn. The bid pipeline remains at 拢3.0bn.
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