Interim profits slide at Gleeson, warns of uncertain outlook
11th Feb 2026 08:40
(Sharecast News) - MJ Gleeson sounded a cautious note on Wednesday, prompting the share price to tumble, after interim profits slumped amid subdued market conditions.
Read moreMJ Gleeson reiterates outlook on 'steady' trading
16th Jan 2026 07:36
(Sharecast News) - Housebuilder MJ Gleeson reiterated its full-year guidance on Friday, despite Budget uncertainty and the weak economic backdrop weighing on demand.
Read moreMJ Gleeson reports improved trading in challenging market
14th Nov 2025 09:31
(Sharecast News) - MJ Gleeson said in an update on Friday that trading at its affordable homes division had improved in recent weeks, although market conditions remained challenging, as it also announced the appointment of former Bellway finance chief Keith Adey as a new independent non-executive director.
Read moreMJ Gleeson profits sink 17% after 'challenging year'
16th Sep 2025 08:15
(Sharecast News) - Housebuilder MJ Gleeson has reported a sharp fall in annual earnings despite an increase in revenues as higher incentives weighed on profit margins - though the company reiterated targets to treble profitability in the medium term.
Read moreRBC upgrades Berkeley and Persimmon in housebuilder ratings reshuffle
9th Jul 2025 09:25
(Sharecast News) - RBC Capital Markets has reshuffled its ratings across the UK housing sector amid a "two-speed housing market", raising its recommendations for Berkeley and Persimmon, and cutting its stances on Bellway and Taylor Wimpey.
Read moreLondon close: FTSE finishes flat ahead of Trump tariff deadline
4th Jul 2025 17:48
(Sharecast News) - London stocks ended Thursday little changed at the top tier but weaker further down the board, as investors weighed fresh economic data and cautious sentiment ahead of Donald Trump's 9 July tariff deadline next week.
Read moreMJ Gleeson delivers cautious outlook after 'challenging year'
4th Jul 2025 08:57
(Sharecast News) - Shares in MJ Gleeson fell on Friday after the low-cost, affordable housebuilder delivered a cautious outlook and announced a "reorganisation" of Gleeson Homes, which included the exit of its divisional chief executive and organisational changes.
Read moreBerenberg lowers target price on MJ Gleeson
5th Jun 2025 11:22
(Sharecast News) - Analysts at Berenberg lowered their target price on housebuilder MJ Gleeson from 642.0p to 500.0p on Thursday, stating the company was currently experiencing some "tough times".
Read moreMJ Gleeson operating profits seen lower
3rd Jun 2025 08:41
(Sharecast News) - Housebuilding company MJ Gleeson warned on Tuesday that the pace of the housing market recovery has not been sufficient to offset the cumulative impact of "a number of headwinds" to gross margins, weighing on FY operating profits.
Read moreMJ Gleeson delivers upbeat outlook despite H1 profit decline
11th Feb 2025 09:24
(Sharecast News) - Construction group MJ Gleeson saw profits fall sharply in the first half but delivered a confident outlook on the back of a strong pick-up in housing reservations in January.
Read moreMJ Gleeson on track to meet market expectations for the year
14th Jan 2025 09:23
(Sharecast News) - Low-cost housebuilder and land promoter MJ Gleeson said on Tuesday that full-year results were set to be ahead of last year and in line with market expectations.
Read moreMJ Gleeson sees FY in line despite 'lack of conviction' in market
15th Nov 2024 07:55
(Sharecast News) - Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.
Read moreDirector dealings: MJ Gleeson non-executive director lowers stake
4th Oct 2024 15:11
(Sharecast News) - MJ Gleeson revealed on Friday that non-executive director Christopher Mills had disposed of 300,000 ordinary shares in the London-listed housebuilder.
Read moreMJ Gleeson FY profits slide amid planning setbacks
18th Sep 2024 09:27
(Sharecast News) - Residential construction group MJ Gleeson said on Wednesday that planning setbacks had resulted in a significant profit decline for the year ended 30 June.
Read moreMJ Gleeson flags mixed year for homes, land divisions
11th Jul 2024 09:15
(Sharecast News) - MJ Gleeson said in a trading update on Thursday that its full-year results were set to align closely with market expectations.
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