An update from Henry Boot ( (GB:BOOT) ) is now available.
Henry Boot PLC reported resilient performance for 2024, with a strong second half leading to results in line with expectations. The company completed nearly £350 million in land and property sales, with a significant increase in land promotion activities and a 5% dividend rise. Strategic moves included increasing ownership of Stonebridge Homes and forming the Origin JV to boost industrial development. Despite a slight revenue dip due to construction turnover, the company maintained a solid balance sheet and is well-positioned for market recovery and future growth.
More about Henry Boot
Henry Boot PLC is a prominent UK-based company specializing in land promotion, property investment and development, and construction. Established in 1886 and listed on the London Stock Exchange since 1919, the company operates across industrial and logistics, residential, and urban development markets. It comprises several divisions, including Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant, and Road Link, employing over 500 people.
YTD Price Performance: -7.83%
Average Trading Volume: 77,002
Technical Sentiment Signal: Buy
Current Market Cap: £283.3M
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