GLEESON (M.J.) GROUP

MJ Gleeson will present its 2025 annual results today at 13:00 BST in a live presentation on the Engage Investor platform. CEO Graham Prothero and CFO Stefan Allanson will lead the interactive presentation, which is accessible after registration. The company is split into Gleeson Homes (affordable housing in the Midlands and northern England; two-bedroom houses from about £100,000) and Gleeson Land (development and value enhancement of land in southern, western and central England). Singer Capital Markets and Peel Hunt act as joint brokers, and Invicomm handles financial communications. » Más en de.investing.com

MJ Gleeson anticipates pre-tax profit before exceptional items for the 2025 financial year to be within current market expectations. The company reported a slight increase in homes built and an improvement in net reservation rates, but faced a restructuring at Gleeson Homes and a decline in its net cash position. For 2026, profit is forecast at the lower end of expectations, accompanied by one-off restructuring costs. » Más en de.investing.com

MJ Gleeson has appointed Fiona Goldsmith as chair with immediate effect, following her previous role as interim chair. Nicola Bruce has also been named senior independent director, while the search for a new independent non-executive director has begun. Both appointments are intended to support the implementation of the company's strategy and the growth of the UK housebuilder. » Más en de.investing.com