Logotype for MJ Gleeson plc

MJ Gleeson (GLE) investor relations material

MJ Gleeson H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for MJ Gleeson plc
H2 2025 earnings summary16 Sep, 2025

Executive summary

  • Group revenue grew 5.9% to £365.8m, driven by both divisions, but operating profit and profit before tax fell 11.7% to £21.9m due to margin compression in Homes and exceptional costs, partially offset by strong Gleeson Land performance.

  • Net reservation rate improved 20% year-over-year, with a 51% increase in the forward order book, reflecting stronger sales momentum and growth in partnership agreements.

  • Project Transform restructuring addressed operational weaknesses, streamlined leadership, and standardized processes, with £1.3m in exceptional costs and early positive results.

  • 1,793 homes sold, up 1.2% year-over-year, with a 4.3% increase in average selling price to £193,600.

  • Market remains stable but lacks conviction, with steady prices, incentives below 5%, and continued operational challenges.

Financial highlights

  • Group operating profit before exceptionals was £25.4m, down due to lower Gleeson Homes profit, while Gleeson Land operating profit more than tripled to £7m.

  • EPS declined 12.7% to GBX 28.9; PBT was £21.9m, 11.7% lower year-over-year; group overheads flat at £3.9m.

  • Gleeson Homes revenue rose 5.8% to £348.2m, with operating profit before exceptionals down 26.4% to £22.3m and operating margin at 6.4%.

  • Gross margin in Homes fell 340bps to 20.7%, mainly due to 2.7% build cost inflation, legacy site costs, and higher plot specifications.

  • Gleeson Land gross profit more than doubled to £11.1m, with seven transactions completed and ROCE at 17.4%.

Outlook and guidance

  • Current year expected to be in line with expectations, with significant growth anticipated from FY2027 as the land pipeline matures.

  • Confident in achieving at least 3,000 homes sold per year in the medium term, supported by a robust land pipeline.

  • Margin recovery in Homes is expected as incentives reduce and new, higher-margin sites come online.

  • Board maintains total dividend at 11.0p per share, with a final dividend of 7.0p.

  • Market conditions remain challenging, with no early catalyst for significant recovery, but the business is positioned for stable performance.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next MJ Gleeson earnings date

Logotype for MJ Gleeson plc
H1 202610 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next MJ Gleeson earnings date

Logotype for MJ Gleeson plc
H1 202610 Feb, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

MJ Gleeson plc is a UK-based company specializing in low-cost house building and land promotion. Operating through two primary divisions, Gleeson Homes and Gleeson Land, the company focuses on house building in the north of England and Midlands, and the sale of land in the south of England. Gleeson Homes is dedicated to the construction of residential properties, aiming to address the demand for affordable housing. Meanwhile, Gleeson Land is involved in promoting land through the planning system, capitalizing on strategic land development opportunities. The company is headquartered in Sheffield, England, and its shares are listed on the London Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage