Gleeson’s prelims confirm a strong conclusion to FY19 with PBT and EPS coming in 2% ahead of our expectations. Market fundamentals remain highly supportive of the Gleeson model and it is reassuring to see that the business has not missed a beat since the high profile leadership change in June. Gleeson Homes remains well on track for the current year and for the 2022 target for 2,000+ homes (vs. 1,529 completions in FY19). Gleeson Strategic Land is well positioned to continue to deliver consisten ....
16 Sep 2019
Relentless demand underpinning growth plans
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Relentless demand underpinning growth plans
MJ Gleeson PLC (GLE:LON) | 488 0 0.0% | Mkt Cap: 284.9m
- Published:
16 Sep 2019 -
Author:
James Tetley -
Pages:
3
Gleeson’s prelims confirm a strong conclusion to FY19 with PBT and EPS coming in 2% ahead of our expectations. Market fundamentals remain highly supportive of the Gleeson model and it is reassuring to see that the business has not missed a beat since the high profile leadership change in June. Gleeson Homes remains well on track for the current year and for the 2022 target for 2,000+ homes (vs. 1,529 completions in FY19). Gleeson Strategic Land is well positioned to continue to deliver consisten ....