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MJ Gleeson PLC ( (GB:GLE) ) just unveiled an update.
MJ Gleeson plc reported its audited results for the fiscal year ending June 30, 2025, showing a mixed performance. Gleeson Homes sold more homes compared to the previous year, with a 28% increase in net open market reservations in the second half. However, selling prices remained constrained, affecting profit margins. The company has implemented organizational changes to enhance performance, and Gleeson Land achieved improved planning success and new promotion agreements. The Group anticipates sustained growth, with Gleeson Homes aiming to sell 3,000 homes annually and Gleeson Land positioned for significant growth from FY2027.
The most recent analyst rating on (GB:GLE) stock is a Buy with a £500.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.
Spark’s Take on GB:GLE Stock
According to Spark, TipRanks’ AI Analyst, GB:GLE is a Neutral.
MJ Gleeson PLC presents a stable financial foundation with strong equity, though it faces growth challenges and bearish technical indicators. Insider confidence through share purchases and strategic leadership appointments provide a positive outlook, but market and operational challenges temper the overall score.
To see Spark’s full report on GB:GLE stock, click here.
More about MJ Gleeson PLC
MJ Gleeson plc operates through two divisions: Gleeson Homes and Gleeson Land. Gleeson Homes focuses on building high-quality, affordable homes in the Midlands and North of England, offering a range of properties from one-bedroom apartments to five-bedroom houses. Gleeson Land is involved in land promotion, working with landowners to enhance property value and manage site sales in South, West, and Central England.
Average Trading Volume: 168,016
Technical Sentiment Signal: Sell
Current Market Cap: £191.5M
For a thorough assessment of GLE stock, go to TipRanks’ Stock Analysis page.