MJ Gleeson PLC Trading Update (8996A)
04 January 2018 - 6:00PM
UK Regulatory
TIDMGLE
RNS Number : 8996A
MJ Gleeson PLC
04 January 2018
MJ Gleeson plc
(GLE.L)
Notice of Results & Trading Update
MJ Gleeson plc (GLE.L), the urban regeneration and strategic
land specialist, will report results for the half-year ended 31
December 2017 ("H1 FY2018") on Monday 19 February 2018. There will
be a presentation to analysts at 11:00am at Instinctif Partners, 65
Gresham Street, London, EC2V 7NQ.
Gleeson Homes completed the sale of 593 units, an increase of
31% on the previous half-year's total of 451 unit completions.
Gleeson Strategic Land sold three sites, the same number as the
previous half-year. These were smaller sites and as indicated in
the AGM Statement issued on 7 December 2017 this will lead to the
division's first half-year results being lower than those of the
prior year comparable period and second-half results being higher
than those of the prior year comparable period.
The Group results for the first half-year are expected to
comfortably exceed those of the prior year comparable period.
The Board maintains its guidance that the results for the full
year to 30 June 2018 will be in line with its expectations.
4 January 2018
Enquiries:
MJ Gleeson Tel: +44 1142 612
plc 900
Chief Executive
Jolyon Harrison Officer
Chief Financial
Stefan Allanson Officer
Tel: +44 20 7457
Instinctif Partners 2020
Mark Garraway
Helen Tarbet
James Gray
Tel: +44 20 7496
N+1 Singer 3000
Shaun Dobson
Alex Laughton-Scott
Tel: +44 20 3100
Liberum 2222
Neil Patel
Richard Bootle
This information is provided by RNS
The company news service from the London Stock Exchange
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