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Winton says pre-sales will protect it from housing slump

While profit was down 31%, the property developer's results were just above IPO forecasts.

Winton founder and chief executive Chris Meehan.

Andrew Bevin Wed, 24 Aug 2022

Winton Land expects pre-sales stretching several years into the future will insulate it from any downturn in the residential property market as it pursues its growth strategy.

The property developer released this morning its first full-year result since joining the NZX in December, with net profit

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Andrew Bevin Wed, 24 Aug 2022
Contact the Writer: andrew@nbr.co.nz
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Winton says pre-sales will protect it from housing slump
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