GLEESON (M.J.) GROUP

For the year to June 2026 MJ Gleeson reported revenue up 12.1% to £410m, with adjusted pre-tax profit of £10.8m and adjusted earnings per share of 14.1p. It sold 1,968 homes (+9.8%), but margin compression in housebuilding and delayed land disposals weighed on profitability; the operating margin at Gleeson Homes fell to 5.0%. The net new reservation rate remains weak, net debt is low at £2.6m, and the group has comprehensively restructured Gleeson Homes. Management expects 2027 results to be in line with market expectations but anticipates continued challenges on sales and site openings. » Mais em de.investing.com

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. » Mais em 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. » Mais em de.investing.com