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Brief: MJ Gleeson Says Land Site Sale Now Expected To Complete In H1 FY2027

BRIEF-MJ Gleeson Says Land Site Sale Now Expected To Complete In H1 FY2027

- MJ Gleeson PLC GLEG.L:

  • IMPACT OF GLEESON LAND TRANSACTIONS BEING DEFERRED INTO FY2027 IS EXPECTED TO RESULT IN ADJUSTED GROUP PBT FOR YEAR BEING ABOUT £7.5M BELOW MARKET EXPECTATIONS

  • UPDATE ON GLEESON LAND

  • LAND SITE SALE FOR 50% OF FY2026 PLOTS UNLIKELY TO COMPLETE THIS YEAR

  • LAND SITE SALE NOW EXPECTED TO COMPLETE IN H1 FY2027

  • TWO SMALLER GLEESON LAND TRANSACTIONS NOW EXPECTED TO COMPLETE IN H1 FY2027

  • HOMES TRADING IN LINE WITH MANAGEMENT EXPECTATIONS FOR FULL YEAR


((Reuters.Briefs@thomsonreuters.com;;))

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