REG - MJ Gleeson Plc - Trading Update <Origin Href="QuoteRef">GLEG.L</Origin>

MJ GLEESONAnnouncement

04/01/2018 07:05

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 plc

Tel: +44 1142 612 900
 Jolyon Harrison
Chief Executive Officer

 Stefan Allanson
Chief Financial Officer






Instinctif Partners
Tel: +44 20 7457 2020
Mark Garraway

Helen Tarbet

James Gray



N+1 Singer
Tel: +44 20 7496 3000
Shaun Dobson

Alex Laughton-Scott



Liberum
Tel: +44 20 3100 2222
Neil Patel

Richard Bootle




This information is provided by RNS
The company news service from the London Stock Exchange
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