UK's Watkin Jones hits near 2-year low after annual profit warning
28/08/2026 08:10
BUZZ-UK's Watkin Jones hits near 2-year low after annual profit warning ** Shares of rental property developer Watkin Jones WJG.L fall 5.6% to 17p, lowest since December 2024
** Co lowers its FY adjusted operating profit forecast, expecting results to be in line with H1 due to delays in investor-backed contracts
** WJG says it was unlikely that all transactions would be finalised by the year end, having previously expected to conclude certain deals in the final quarter
** As of last close, stock down 38.8% YTD
(Reporting by Anushka Chourasia in Bengaluru)