MJ Gleeson plc (LSE:GLE) released its audited results for the fiscal year ending 30 June 2025, reflecting a mixed performance. Gleeson Homes saw higher sales compared to the previous year, with net open market reservations up 28% in the second half. However, constrained selling prices impacted profit margins.
The company has implemented organizational changes to enhance operational efficiency, while Gleeson Land achieved improved planning outcomes and secured new promotion agreements. Looking ahead, the Group anticipates sustained growth, with Gleeson Homes targeting annual sales of 3,000 homes and Gleeson Land positioned for significant expansion from FY2027.
MJ Gleeson maintains a stable financial foundation with strong equity, though growth is challenged by market conditions and bearish technical signals. Positive factors include insider share purchases and strategic leadership appointments, which support confidence in the company’s long-term prospects, even as operational and market risks persist.
About MJ Gleeson plc
MJ Gleeson plc operates through two divisions: Gleeson Homes and Gleeson Land. Gleeson Homes builds high-quality, affordable housing across the Midlands and Northern England, ranging from one-bedroom apartments to five-bedroom houses. Gleeson Land focuses on land promotion, collaborating with landowners to enhance property value and manage site sales across South, West, and Central England.
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