Gleeson’s H1 update confirms a positive conclusion to Cal’21, reiterating full year expectations. A busy December saw a level of outperformance in terms of completions at Gleeson Homes (932 versus previous guidance of c.900) and site sales within Gleeson Land (two completed in December). The demand environment remains positive on both sides of the business, whilst industry challenges (in terms of supply chain and planning congestion) have been well managed. In our view, Gleeson is focused on the ....
11 Jan 2022
H1 update - well on track for full year
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H1 update - well on track for full year
MJ Gleeson PLC (GLE:LON) | 501 0 0.0% | Mkt Cap: 292.3m
- Published:
11 Jan 2022 -
Author:
James Tetley | Greg Poulton -
Pages:
3
Gleeson’s H1 update confirms a positive conclusion to Cal’21, reiterating full year expectations. A busy December saw a level of outperformance in terms of completions at Gleeson Homes (932 versus previous guidance of c.900) and site sales within Gleeson Land (two completed in December). The demand environment remains positive on both sides of the business, whilst industry challenges (in terms of supply chain and planning congestion) have been well managed. In our view, Gleeson is focused on the ....