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RNS Number : 5091Z
MJ Gleeson PLC
24 May 2021
 

MJ Gleeson plc

(GLE.L)

 

Trading Update

 

MJ Gleeson plc, the low-cost housebuilder and strategic land specialist, announces that the result for the current year (ending 30 June 2021) is expected to be ahead of market expectations.

The strong demand for new homes has led to higher selling prices, which has more than offset recent increases in certain material costs, whilst demand for high-quality consented land from large and medium-sized housebuilders has returned to pre-Covid levels.

The Company will publish its scheduled trading update, following the year end, on Friday 9 July 2021.

 

24 May 2021

This announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of the company is Stefan Allanson, Chief Financial Officer.

LEI: 21380064K7N2W7FD6434

Enquiries:

MJ Gleeson plc                                                           Tel: +44 1142 612 900

James Thomson             Chief Executive Officer   

Stefan Allanson              Chief Financial Officer

 

Instinctif Partners                                                      Tel: +44 20 7457 2020

Mark Garraway

Rosie Driscoll

 

N+1 Singer                                                                 Tel: +44 20 7496 3000

Shaun Dobson

Hannah Woodley

 

Liberum                                                                       Tel: +44 20 3100 2222

Neil Patel

Richard Bootle

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