United Kingdom | Friday, 25 July 2008
Companies
All IBTimes
Companies

MJ Gleeson says housing market tough

By Richard Williams
Font Scale:
Posted 15 May 2008 @ 10:49 pm GMT

House-building company MJ Gleeson said on Thursday that achieving financial results in line with current expectations was possible, but that it depended on the company's housing and strategic land divisions meeting their current forecasts.

MJ Gleeson said that market conditions had continued to deteriorate since February and that industry conditions were extremely challenging.

Shares in the company fell 10.1 per cent down to 209.50 pence per share.

IBTimes RSS
E-Newsletters : Enter your Email for Fast News & Opinions