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12 May 2021 | 09:59am StockMarketWire.com - Housing sector services provider Mears swung to a full-year loss as sales slid, but said it expected an improved performance this year as lockdowns ease. Pre-tax losses for the year through December amounted to £15.2 million, compared to a year-on-year profit of £20.3 million. Revenue fell 8.6% to £805.8 million. Mears declared no dividends for the year. Mears said it was pleased with a resilient trading and liquidity performance during the first quarter of 2021 and remained confident of a full recovery as lockdown restrictions were lifted. Given the impact of the third national lockdown, profitability for the full year is expected to be second half weighted, it said. ....
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