Gleeson Homes enters first partnership agreement and predicts profit ahead of market expectations

By Daniel Gayne2024-07-11T08:00:00

Housebuilder says further deals in negotiation

Gleeson Homes has announced a move into partnership work in a trading update that predicted profit ahead of market expectations.

In a year-end trading update published this morning, the housebuilder said its results for the year to 30 June were expected to be broadly in line with expectations, but with better-than-expected operating profit of around £30m.

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