21st May 2015 08:48
LONDON (Alliance News) - Henry Boot PLC Thursday reiterated confidence in meeting its expectations for the full year, saying trading since the beginning of 2015 has been encouraging across all of its businesses.
In a statement ahead of its annual general meeting, the property investment, land development and construction company said that a short-term lack of decision-making ahead of the UK general election meant that it has been a little slower to conclude transactions in the last couple of months.
However, following the Conservative party's outright win, Henry Boot said that the "strengthened position of the governing party leads us to expect a quick return to normalised activity levels."
Its land development business Hallam Land has concluded two land sales, and is in talks to sell a further 13 sites, some of which will complete in 2015 and some in 2016.
Shares in Henry Boot are trading up 0.9% at 229.51 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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