Watkin Jones (GB:WJG) has released an update.
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Watkin Jones plc has reported a solid performance with a more than twofold increase in operating profit for the first half of the financial year, up to 31 March, and reiterates its full-year guidance. The company anticipates a second-half surge in activity, having concentrated on operational efficiency amidst a pause in the forward-funding market due to uncertainties in interest rates. A positive shift in sentiment is observed as market clarity gradually emerges.
For further insights into GB:WJG stock, check out TipRanks’ Stock Analysis page.
