MJ Gleeson PLC (GB:GLE) has released an update.
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MJ Gleeson PLC anticipates stronger financial results in the second half of the year, aligning with market expectations. The company has seen an increase in net reservation rates and plans to open more sales sites, despite margin pressures from higher sales incentives and build costs. Gleeson Land is also optimistic about its performance, expecting significant sales and growth driven by strong demand for consented land.
For further insights into GB:GLE stock, check out TipRanks’ Stock Analysis page.
