Company Announcements

Progressive publishes new research

Source: RNS
RNS Number : 9895Y
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.


Click here for full analysis


Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement. 

About Progressive:


Progressive helps you make informed investment decisions. FCA authorised and regulated, and with a 15-strong team of highly experienced analysts, we provide freely available institutional grade equity research and access to company management teams across every sector of the market.


Broad coverage


Analyst calibre


across 12 sectors







Business Services

Oil & Gas


with average




experience of







Investment Trusts


industry based








For further information please contact:


Emily Ritchie

+44 (0) 20 7781 5311

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.