Yorkshire affordable homes specialist MJ Gleeson has posted soaring revenues and profits driven by demand from first time buyers.
The Sheffield headquartered company trades as Gleeson Homes and has developments across Yorkshire, Northumberland, County Durham, Derbyshire, Lancashire, Greater Manchester, Tyne and Wear, Teesside, Shropshire, Lincolnshire, Merseyside.
The company has posted results for the six months ended December 31 2021, showing a 21.7% increase in sales to £173.5m, and a 21.7% in pre-tax profit to £24.7m. Operating profit also increased 9.8% to £22.5m.
