MJ Gleeson has reported a very strong conclusion to H1’18. First half results, scheduled for 19th February, are expected to comfortably exceed the H1’17 outturn. Growth at group level has been driven by an acceleration in unit completions within Gleeson Homes, which continued through to the end of the calendar year. Gleeson completed the sale of 593 homes, +31% year on year, considerably higher than early December AGM statement guidance of “more than 15%” and a signifi

04 Jan 2018
Striking acceleration in Gleeson Homes completions

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Striking acceleration in Gleeson Homes completions
MJ Gleeson PLC (GLE:LON) | 372 14.9 1.1% | Mkt Cap: 217.1m
- Published:
04 Jan 2018 -
Author:
Singer CM Team -
Pages:
3 -
MJ Gleeson has reported a very strong conclusion to H1’18. First half results, scheduled for 19th February, are expected to comfortably exceed the H1’17 outturn. Growth at group level has been driven by an acceleration in unit completions within Gleeson Homes, which continued through to the end of the calendar year. Gleeson completed the sale of 593 homes, +31% year on year, considerably higher than early December AGM statement guidance of “more than 15%” and a signifi