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MJ Gleeson

MJ Gleeson boss eyes gradual build for home and land units

Jolyon Harrison, chief executive of affordable home specialist MJ Gleeson (LON:GLE) comments on the company's growth plans.

The firm’s win track strategy - the development of low cost homes for sale in the North of England and strategic land sales in the South – has delivered a strong performance in recent years.

Market conditions in both sectors remain favourable, Harrison believes, and there’s considerable scope to grow both revenue and profits in the current year and beyond.

Its Gleeson Homes division is on track to achieve its medium term target of 1,000 unit sales per annum.

Quick facts: MJ Gleeson

Price: £8.50

Market: LSE
Market Cap: £464 m
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