StockMarketWire.com - Henry Boot said it expected to meet its full-year expectations as its land promotion and property investment and development business segments traded 'well' during the first five months of this year.

'Given the good start we have made in 2019, and anticipating no major changes to the underlying UK economic conditions arising from both Brexit and wider global political uncertainties, we expect the group's performance for the current financial year ending 31 December 2019 to be in-line with the board's existing expectations,' the company said.

The financial performance of the three businesses - land promotion, property investment and development - within its construction segment performed in-line with its expectations, the company said.

But while Hallam Land had a 'strong' pipeline of sales opportunities, which were expected to conclude in the remainder of 2019, there was 'some uncertainty with regard to the timing of these deals within a particular financial period,' the company also said.

'Within Henry Boot Developments, we expect to conclude and hand over The Event Complex Aberdee to Aberdeen City Council on time and in-line with the cost plan,' it added.


At 10:09am: [LON:BOOT] Henry Boot PLC share price was -2.5p at 252p



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