Orbit has decided not to renew a repairs and maintenance contract with Mears

The existing deal, which provides Mears with revenues of around £30million per year, will come to an end in March 2027 with the Group having been unsuccessful in a reprocurement exercise.  In interim results published on 6th August, Mears commented: "Whilst the Group has delivered strong operational performance to this client, the contract has proved financially challenging, absorbing a disproportionate level of working capital."