Henry Boot plc – argues “well placed for the medium term” and “longer-term fundamentals of our markets remain attractive”… so near term troubles then!
Henry Boot plc (BOOT) states “from land promotion and property development investment to home building and plant hire, Henry Boot is where great places start” and there’s now a “Trading Statement” from it including that it’s “focused on cash generation and disciplined cost control… The longer-term fundamentals of our markets remain attractive, and with a strong pipeline of opportunities across our portfolio, the group is well placed for the medium term”. However, such a ‘focus’ tends to mean financial challenges and emphasising medium and longer term tends to mean the near term outlook isn’t good…
