Financial PerformanceThe Group continues to see profits for the full year in line with consensus, which implies full-year adjusted PBT of approximately £28m.
Market PositionMJ Gleeson is favored for its exposure to first-time buyers and northern regions, where affordability is better compared to other parts of the UK.
Order Book And SalesMomentum is expected to improve as Homes benefits from a stronger order book, more sites and a stronger sales rate.