LONDON (ShareCast) - (ShareCast News) - Land promotion, property investment and development company Henry Boot updated the market on its current trading and outlook on Thursday, as investors gathered for its annual general meeting.
The London-listed firm said property trading and development activity levels since the beginning of 2017 had been "very encouraging", and the group's three business segments - land promotion, property investment and development and construction - were trading strongly.

"Henry Boot is, fundamentally, a transactions driven business and there is always a degree of uncertainty with regard to the timing of these deals within a particular financial period," the board said in its statement.

"We are pleased to report that any uncertainty created by the current UK general election process is not having an impact on our business."

Given the strong start made in 2017, and anticipating no major changes to the underlying economic conditions in which the company operates, the board said it now anticipated the group's performance for the current financial year ending 31 December would be "comfortably" ahead of the board's existing expectations.

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