22nd Jan 2015 08:37
LONDON (Alliance News) - Henry Boot PLC on Thursday said its trading in December continued to meet expectations and said it expects to beat the market for the year, sending its shares higher in early trade.
The construction company said it saw a continued strong performance from its plant, construction and joint venture housebuilding business in December.
That robust performance means the company expects its pretax profit for the year to the end of December to be "comfortably" ahead of market expectations. According to Morningstar data, the consensus estimate from brokers for the group's pretax profit for the year is GBP25 million.
Shares in the company were up 5.8% to 205.00 pence in early trade, one of the best performers in the FTSE All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
BHY.L