17th Jun 2015 06:32
LONDON (Alliance News) - MJ Gleeson PLC Wednesday said its results for the current financial year will be ahead of expectations after it completed the sale of a 12.5 acre piece of land in Sussex.
Previously, the urban housing regenerator said results for the year due to end June 30 would be in line with expectations if the land sale was not completed in time.
Although the sale of the site will not be completed until July, MJ Gleeson said the sale will be recognised in the current financial year as there are no other conditions that need to be satisfied.
By Joshua Warner; [email protected]; @JoshAlliance
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