Henry Boot (GB:BOOT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Henry Boot PLC reported robust property sales and an optimistic market outlook, leading to a 5% interim dividend hike for the first half of 2024. Despite a slower start to the year with lower forward sales affecting initial financial results, 81% of the company’s budgeted sales for 2024 are already completed, exchanged, or reserved. The company’s strong balance sheet and a growing land bank signal confidence in meeting medium-term targets and full-year expectations.
For further insights into GB:BOOT stock, check out TipRanks’ Stock Analysis page.