MJ Gleeson’s first-half profit slides

By Hamish Champ2020-02-14T06:00:00

Housebuilder’s pre-tax profit down 40% as land-selling arm treads water

Profit at MJ Gleeson slumped by 40% in the six months to the end of December 2019, the firm revealed this week.

The Sheffield-based housebuilder’s strategic land business, which it had been looking to sell last year, made no contribution to revenue in the first half.

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