Record year for listed housebuilder as volumes and transactions increase

Housebuilder MJ Gleeson has seen pre-tax profits and revenues soar in a year driven by increased transactions.

The Sheffield-headquartered listed company this morning published its annual results for the year ended June 30. Pre-tax profits were up 12%to £37m and revenues soared 23% from £160m last year to £196m this year.

Its Gleeson Homes division saw volumes increase 21% to 1,225 units sold (2017: 1,013 units) and its operating profit on unit sales was up 20% to £26.2m (2017: ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...