Pre-tax profits down 40% for listed home builder

Sheffield-headquartered house building firm MJ Gleeson has seen its overall pre-tax profits fall 40.4% £22.3m to £13.3m in its results for the half year ended 31 December 2019.However, the company said this was expected, following a period of no Strategic Land sales and an exceptionally strong comparator period for the division.And its chairman Dermot Gleeson pointed to continued strong performance in the firm's Homes division and a return to deal flow with a healthy pipeline of demand in Strategic Land.Over the same p... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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