Download full report with analyst certification and important disclosures
Jan 18 2022, 07:30 GMT
Watkin Jones
FY21 ahead of forecasts; record pipeline also reported
- Sectors : Construction and Housebuilding
- Companies : Watkin Jones
DAVY VIEW
FY21 results are c.4% ahead of our estimates this morning. Coupled with this, Watkin Jones has again increased its pipeline, reaching a record level of £1.85bn in the Build to Rent (BtR) and Purpose-built Student Accommodation (PBSA) segments. The company is confident of another year of sustained earnings growth in FY22.
