By David Parsley2021-11-02T07:51:00
Watkin Jones has revealed annual revenue will come in “slightly below expectations” for the year to the end of September, but that profit will be in line with expectations.
In a trading update ahead of the 12-month figures, the residential for rent group told investors revenue is expected to come in at £430m, which despite being lower than expected will produce a stronger gross margin, reflecting the timing of land sales on either side of the year-end.
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