Booming Gleeson says full-year results to beat forecasts

By Daniel Gayne2022-07-11T11:15:00

Group reports 2,000 home sales and says ’strong’ selling prices offset material and labour cost increases

MJ Gleeson said it will report results for the year to June “significantly ahead” of expectations, the company announced in a trading update this morning.

The firm, which specialises in building low-cost homes and buying up land for development, increased the number of homes it sold by 10.4% on the previous financial year, hitting it’s medium-target of building 2,000 homes per year.

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