MJ Gleeson’s trading update confirms trading is in line with expectations. Recovery in the Gleeson Homes division continues to be impacted by consumer uncertainty, particularly in the lead up to the Government’s Autumn Budget. Net reservation rates, excluding bulk reservations, increased by 22% to 0.50 per site per week, reflecting early benefits of Project Transform. Performance remains solid in Gleeson Land, with two small site sales completed year-to-date, and the division is on track to reac ....
