MJ Gleeson PLC (GLE.L) reported Group profit before tax of 7.2 million pounds for the six months to 31 December 2023, a decline of 55.3% from last year. Earnings per share was 9.59 pence compared to 21.95 pence. Underlying profit before tax was 7.2 million pounds compared to 16.1 million pounds. Pre-exceptional earnings per share was 9.59 pence compared to 21.95 pence.
For the six months to 31 December 2023, revenue was 151.5 million pounds, a decline of 11.4% from last year. The Group sold 769 homes compared to 894, prior year.
Looking forward, the company remains confident in delivering results for the year in line with expectations and reaffirmed its medium term targets.
The Board declared an interim dividend of 4.0 pence per share. The interim dividend will be paid on 2 April 2024 to shareholders on the register at close of business on 1 March 2024.
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