9th Jan 2017 08:09
LONDON (Alliance News) - MJ Gleeson PLC on Monday maintained its guidance for its financial year to end June 30, after entering its second half with "strong demand" across all its sites.
The urban regeneration and strategic land specialist said during its first half ended December 31, its Gleeson Homes unit sold 451 units, up from 400 units a year earlier.
MJ Gleeson said its Gleeson Strategic Land division sold a site just prior to the end of its first half, bringing total sales in the period to three sites, down from four sites a year earlier, though the group said it continues to see strong demand for consented land.
MJ Gleeson maintained its guidance for the year, that its results will be in line with its expectations.
MJ Gleeson will post its interim results on February 27.
By Hannah Boland; [email protected]; @Hannaheboland
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