Watkin Jones

Robust margins in H1

  • Sectors : Construction and Housebuilding
  • Companies : Watkin Jones

Ratings and price correct at time of issue.

  • Watkin Jones

    Closing Price: 23.1p

  • RATING 26/03/21

  • PREVIOUS RATING N/A

DAVY VIEW

Margins at Watkin Jones were in line with stated guidance in H1, although lower transactional activity reduced revenue. As with elsewhere in the sector, risks to numbers will be to the downside as increased build cost inflation is absorbed in the coming months, but the company is seeking to mitigate these impacts. The balance sheet remains very strong with c.24p in net cash per share.

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Apr 29 2026, 07:10 IST/BST

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