Sparks commentary

Industrials

Sparks

MJ Gleeson (LSE: GLE) – Upbeat AGM statement
Published by Andy Murphy

Net reservations, excluding bulk sales, increased from 0.41 to 0.47 in the four months to 1 November, despite a flat market in the autumn. That said, the outlook is improving and Gleeson anticipates a better H2 than H1, with the opening 27 new sites this year compared to just four in FY24. Gleeson Land is also expected to achieve materially better results this year than last, benefiting from strong demand for consented land from large and medium-sized housebuilders.

Latest

Healthcare | Comment

Basilea (SIX: BSLN) bags a US$2.5m milestone payment

Healthcare | Comment

Cantargia (OMX: CANTA) enrols first patient in leukaemia study

Healthcare | Comment

Cantargia (OMX: CANTA) breast cancer study fully recruited

Industrials | Comment

NWF (LON: NWF) acquires Northern Energy Oil

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free