Watkin Jones (GB:WJG) has released an update.
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Watkin Jones plc has delivered solid H1-2024 results, with project margins around 10% and strong demand in the PBSA and BTR sectors boosting performance. The company expects greater results in the second half of the year due to the timing of forward sales and has also expanded its portfolio by securing new sites for future development. Although there is uncertainty in the building safety sector, the company’s financial position remains strong with gross cash of approximately £67 million.
For further insights into GB:WJG stock, check out TipRanks’ Stock Analysis page.
