RCS - Watkin Jones plc - Progressive publishes new research

Watkin JonesAnnouncement

19/12/2025 12:15

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RNS Number : 3217M  Watkin Jones plc  19 December 2025

 

Watkin Jones

 

New Progressive research note

 

Progressive Equity Research has been commissioned by Watkin Jones to produce
ongoing research coverage.  A new research document has been published this
morning, and is freely available to UK investors.

 

Research note summary:

Earnings beat estimates after 'resilient' FY25

Watkin Jones this week delivered adjusted PBT of £5.6m for the 12 months to
30 September, ahead of our estimate of £5.0m and down from a prior-year
result of £9.2m, reflecting the 'challenging backdrop over the last three
years'. Net cash before leases declined from £83.4m to £70.5m, in line with
our estimates. We introduce FY26E forecasts, conservatively pointing to a 20%
rise in adjusted PBT to £6.8m and further growth in net cash.

 

 

 

Click here for full analysis
(http://progressive-research.com/research/Earnings-beat-estimates-after-resilient-FY25)

 

Subscribe (https://www.progressive-research.com/register/)  to Progressive's
research, which is freely available to every type of investor, and be kept
informed about our regular programme of investor engagement.

 

 

 

About Progressive:

Progressive is an equity research and investor engagement company.  FCA
authorised and regulated, the firm has a 15-strong team of highly experienced
analysts.  We provide Institutional grade research and connect companies with
investors across every sector of the market.

 

www.progressive-research.com (http://www.progressive-research.com)

 

For further information please contact:

 +44 (0) 20 7781 5300

info@progressive-research.com (mailto:info@progressive-research.com)

 

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