Fire safety pledge costs dent Gleeson profit

By Carl Brown2022-09-15T09:24:00

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Strong house price growth and demand offsets inflation

Gleeson has reported a 2% increase in annual pre-tax profit after its bottom line was hit by having to put aside £12.9m for the fire safety developer pledge.

The housebuilder, in its results for the year to 30 June, reported pre-tax profit of £42.6m up slightly from £41.7m last year.

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