Gleeson’s interims are in line with our expectations, comprising another period of strong progress within Gleeson Homes set against a temporary hiatus within Gleeson Strategic Land, partly impacted by the timing of the General Election. This was well flagged in January’s pre close and FY expectations are unchanged. In H2, we look forward to more of the same from Gleeson Homes and a pick-up in activity in Strategic Land (three sites now sold and four being progressed for sale). In our view, Glees ....
13 Feb 2020
Anticipating another year of strong progress
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Anticipating another year of strong progress
MJ Gleeson PLC (GLE:LON) | 491 -9.8 (-0.4%) | Mkt Cap: 286.8m
- Published:
13 Feb 2020 -
Author:
James Tetley -
Pages:
3
Gleeson’s interims are in line with our expectations, comprising another period of strong progress within Gleeson Homes set against a temporary hiatus within Gleeson Strategic Land, partly impacted by the timing of the General Election. This was well flagged in January’s pre close and FY expectations are unchanged. In H2, we look forward to more of the same from Gleeson Homes and a pick-up in activity in Strategic Land (three sites now sold and four being progressed for sale). In our view, Glees ....