Gleeson reports rise in net reservations

Gleeson 17-10-23-12

Housebuilder says trading for year to date is “in line with expectations”

Gleeson has reported a rise in net reservations for the first two months of its reporting year.

The £370m-turnover housebuilder, in a short trading update today, said its net reservation rates – meaning the rate of people signing up for new homes – was 0.47 per site per week for the nine weeks to 3 November, up from 0.43 for the same period the previous year.

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