MJ Gleeson Expects Results In Line With Market Forecasts

Dow Jones

Nov 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)

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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  for the year ended June 30, according to consensus estimates compiled by the company.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MJ":"Amplify Alternative Harvest ETF"},"translate_title":"MJ Gleeson预计业绩与市场预测一致","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MJ":1.5},"content_text":"By Adria Calatayud \n\n\n \n\n\n  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. \n\n\n  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. \n\n\n  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. \n\n\n  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. \n\n\n \n\n\n  Write to Adria Calatayud at adria.calatayud@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 14, 2025 02:24 ET (07:24 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}