Watkin Jones plc Progressive publishes new research

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Watkin Jones plc

18 May 2021

 
Momentum building with investor confidence 
 
 Residential for rent developer and manager Watkin Jones reports increasing investor confidence 
 in today's HY 2021 results, which show recovery in demand and development activity continuing 
 to build momentum from the second half of FY 2020. Highlights include build-to-rent (BTR) 
 growing to a third of revenue and an encouraging first step into 'co-living'. For now we are 
 maintaining our estimates for profitability and cash, but now consider the risk has moved 
 more to the upside if this momentum is maintained. 
 

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         Broad coverage                      Analyst calibre 
       across 12 sectors 
 
 Business Services   Oil & Gas       15        with average       20 
                                   analysts                      years 
    Financials        Property                  experience 
                                                    of 
    Healthcare         Retail 
    Industrials      Technology      30+                       techMARK 
 Investment Trusts    Telecoms                industry based    Extel 
      Mining         Utilities                    awards       StarMine 
 

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May 18, 2021 04:37 ET (08:37 GMT)