3 June 2025 - trading update
The construction and property group has issued a positive trading statement confirming that trading to 30 April was in line with expectations. The order book was £11bn which was 2% higher than 30 June 2024 the last year end with 80% of revenues secured for the 2026 financial year. The company has increased its adjusted operating profit margin to between 4% and 4.5% in 3 to 5 year’s time. The shares have moved up since they were recommended but they remain a BUY
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