MJ Gleeson Expects Results In Line With Market Forecasts

Dow Jones
2025/11/14
 

By Adria Calatayud

 

MJ Gleeson said it expects results for fiscal 2026 to be in line with current market forecasts, citing progress in its land division and higher reservation rates in its homes unit.

The U.K. housebuilder and land promoter said Friday that its land division is on track with its growth plans and making progress toward a goal submitting 18 planning applications in the six months to Dec. 31, having completed the sale of two small sites since the start of the year.

Open market net reservation rates at Gleeson Homes for the eight weeks ended Nov. 7 increased 22% to 0.50 per site per week, the company said. It added that demand for new homes remains subdued, but steady.

Analysts expect MJ Gleeson to report a pretax profit of 24.3 million pounds ($32.1 million) for the year ended June 30, according to consensus estimates compiled by the company.

 

Write to Adria Calatayud at adria.calatayud@wsj.com

 

(END) Dow Jones Newswires

November 14, 2025 02:24 ET (07:24 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10