Watkin Jones Posts Strong HY24 Financial Results

Watkin Jones (GB:WJG) has released an update.

Watkin Jones plc reported a significant increase in revenue and profits for HY24, with revenue rising to £175.1 million and operating profit jumping to £4.0 million, compared to £1.8 million in HY23. The company has also made progress in securing new development sites and completing building safety works, maintaining strong cash positions despite market disruptions. However, they are not declaring an interim dividend, choosing instead to maintain financial flexibility.

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