Interim profits slide at MJ Gleeson
15th Feb 2024 09:38
(Sharecast News) - MJ Gleeson posted a slide in half-year profits on Thursday, but flagged "encouraging" signs of improving demand for the rest of the year.
Read moreMJ Gleeson H1 sales fall, profit margins contract
9th Jan 2024 07:16
(Sharecast News) - Low-cost housebuilder MJ Gleeson said on Tuesday that interim sales had fallen and warned that decreased profit margins had swung it to a net debt position for the six months to 31 December.
Read moreDirector dealings: Gleeson CEO picks up shares, Wicks CFO covers tax bill
15th Sep 2023 12:58
(Sharecast News) - Low-cost housebuilder MJ Gleeson was on the list of director buys on Friday after its chief executive officer picked up more than 12k shares.
Read moreMJ Gleeson profits drop amid worsening consumer confidence
14th Sep 2023 07:48
(Sharecast News) - Housebuilder MJ Gleeson posted a fall in full-year profits on Thursday amid economic volatility and worsening consumer confidence.
Read moreRevenue, earnings fall as MJ Gleeson restructures
16th Feb 2023 10:28
(Sharecast News) - Low-cost housebuilder MJ Gleeson reported total revenue of £171m in its first half on Thursday, down from £173.5m a year earlier, as demand for consented land remained "strong" and net reservations began to recover.
Read moreLiberum downgrades Taylor Wimpey on valuation grounds
6th Feb 2023 10:46
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Read moreGleeson confident despite mini-budget slowdown
13th Jan 2023 07:22
(Sharecast News) - Low-cost housebuilder MJ Gleeson said it completed the sale of 894 homes during the first half - 4.1% fewer year-on-year.
Read moreBerenberg remains 'cautious' on UK housebuilders
25th Nov 2022 07:22
(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Read moreLiberum slashes MJ Gleeson price target
18th Nov 2022 11:47
(Sharecast News) - Liberum cut its price target on MJ Gleeson on Friday to 560p from 700p following an update in which the builder said it had seen a surge in cancellations, after demand slumped in the wake of September's mini budget.
Read moreMJ Gleeson hit by 'significant' fall in demand
18th Nov 2022 08:16
(Sharecast News) - MJ Gleeson said on Friday that it has seen a surge in cancellations, after demand slumped in the wake of September's mini budget.
Read moreVistry COO steps down ahead of proposed Countryside merger
14th Oct 2022 07:33
(Sharecast News) - Housebuilder Vistry said on Friday that chief operating officer Graham Prothero will stand down from the group following the completion of its proposed combination with Countryside Partnerships.
Read moreBerenberg raises target price on MJ Gleeson
23rd Sep 2022 09:22
(Sharecast News) - Analysts at Berenberg raised their target price on construction firm MJ Gleeson from 680.0p to 710.0p on Friday, stating the group was "well positioned" for the new trading year following its 2022 full-year results.
Read moreMJ Gleeson posts record results amid 'strong' underlying demand
15th Sep 2022 09:49
(Sharecast News) - Housebuilder MJ Gleeson reported record full-year revenues and pre-tax profits on Thursday as completions and selling prices rose amid "strong" underlying demand.
Read moreBerenberg downgrades raft of housebuilders, upgrades Berkeley
12th Sep 2022 14:59
(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.
Read moreDirector dealings: Redrow director buys more than £0.1m worth of shares
14th Jul 2022 12:42
(Sharecast News) - Redrow was near the top of the list of director buys on Thursday, after its senior independent director spent more than £0.1m on a tranche of shares.
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