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.