Gleeson to hit profit targets despite planning ‘congestion’

MJ Gleeson carrwood_park_-_exterior_-_street_scene_-_sales_arena_20.720x480

Housebuilder says it will hit 2,000 completions for the year

Gleeson has told the stock market it expects to deliver results “in line with market expectations” as planning congestion eases.

The £288 million-turnover housebuilder said today it expects to sell around 900 homes in the first half of the year to 31 December and “not less” than the 2,000 homes it has previously forecast for the full year to 30 June, 2022.

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