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Housing Today
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Gleeson upgrades profit expectations
Housebuilder issue second upgrade since the start of the year on ‘strong demand’
MJ Gleeson is set to report results ahead of expectations for the financial year to the end of June. The Northern housebuilder’s share price rose by 3% on the news, which was issued in a brief unscheduled statement to the City.
It is the second time this financial year that Gleeson has upgraded its forecasts. It did the same at the time of its interim results in February.
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