MJ Gleeson swings to full-year loss, cuts dividend
In the year to the end of June, the housebuilder swung to a statutory pre-tax loss of £2.7m from a profit of £20.5m the year before. Adjusted operating profit fell 37% to £16m.Gleeson said further work undertaken to restructure the business led to a £13.6m exceptional charge in the year. "Whilst th…