Watkins Jones interim profit drops 3%

Student tower in Cardiff Watkin Jones

Student and build to rent housing developer says it expects to fix £15m cladding issues by next September

Student accommodation and build to rent specialist Watkin Jones said its interim numbers held up well as the firm recovers from the impact of covid.

It said pre-tax profit in the six months to March was down by just 3.3% to £25.8m on revenue off 4% to £178.4m.

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