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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