Brief: Watkin Jones Plc Expects FY24 PBIT In Range Of £15m To £20m

Watkin Jones

19/07/2023 07:17

July 19 (Reuters) - Watkin Jones PLC  WJG.L :
    * WATKIN JONES PLC  - TRADING UPDATE
    * WATKIN JONES PLC - IN PERIOD SINCE INTERIM RESULTS, MARKET
CONDITIONS HAVE BECOME MORE CHALLENGING
    * WATKIN JONES PLC - CURRENT EXPECTATION IS THAT THESE
CHALLENGING
MARKET CONDITIONS WILL PERSIST INTO FY24
    * WATKIN JONES PLC - FY24 PBIT IS LIKELY TO BE IN RANGE OF
£15M TO
£20M
    * WATKIN JONES PLC - EXPECT TO INCREASE EXCEPTIONAL
PROVISION FOR
REMEDIAL WORKS FOR LEGACY PROPERTIES BY AN ADDITIONAL £30M TO
£35M

Further company coverage:  WJG.L 

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