Youngs Consultancy
Written by Daley Young Taylor Wimpey’s completions in 2018 rose 2.9% to 15,275 from 14,842 in 2017 including joint ventures with the firm’s pre-tax profit rising 5.5% to £856.8 million from £812.0 million in 2017. Margin increased to 21.65% from 21.3% on revenue of £4.082 billion. Announcing the firm’s final results for the year, TW said it had a
Written by Daley Young Persimmon’s profits hit £1 billion during its year to December 31st, 2018, it reported whilst also announcing its new group chief executive as Dave Jenkinson on 26th February. During 2018, the volume housebuilder’s pre-tax profit climbed 13% to £1.091 billion against 2017, with a 13% increase in operating profits to £1.083 billion. Revenue lifted 4%
Written by Daley Young Bellway completed 5,007 homes in the six months to the end of January 2019, 5.6% ahead of last year. Total revenue is expected to rise by more than 12% to almost £1.5 billion. In a trading statement issued at the beginning of February ahead of its interim results next month, Bellway said it had achieved
Written by Daley Young Along with the announcement of its half year results Redrow says the early weeks of 2019 have seen the new homes market “bounce back” after a subdued end to 2018 and the firm is confident that the Brexit uncertainty will not have “a huge impact” this year. For the period to the end of December
Written by Daley Young Countryside Properties has reported a strong performed in its first quarter with the business placing more emphasis on private rented sector and affordable properties. Issuing an update on the period from October 1 to December 31 2018, the housebuilder and urban regeneration partner said that its total group completions climbed 28% to 1,094 homes against
Written by Daley Young Bovis Homes is heading for a “record” year of profits with another controlled period end, it reported in a trading update on January16th ahead of the release of its annual results on February 28. The housebuilder said that during the year to 31 December 2018, it delivered 3,759 new homes in total, rising 3% against
Written by Daley Young Taylor Wimpey has reported another year of “strong performance” with the company set to report full year results in line with expectations. Issuing an update on January 9th ahead of its results for the year ending December 31 2018, the volume housebuilder said that during the period its total home completions rose 3% to 14,947
Written by Daley Young Countryside has reported “another year of strong growth” with total completions up 27% against 2017. During the year to September 30 2018, the housebuilder achieved total completions of 4,295 homes. Its overall private average selling price dropped 7% to £402,000 compared to last year, due to the company’s focus on “price-points appropriate to local owner
Written by Daley Young Official government statistics show new build completions are up 6.4% year-on-year. The government’s net additional dwellings data, released last week shows that new build completions accounted for 195,290 of supply in 2017-18 (the year to April). The figures also reveal that housing supply in England has increased to 222,190 during the period – up 78%
Written by Daley Young New home registrations for Q3 2018 mark the strongest quarter in 11 years, according to the latest figures from NHBC. During Q3 2018 (July-September) 43,578 new homes were registered across the UK, up 15% on Q3 2017, making it the highest quarter since Q3 2007 when 49,520 new homes were registered, NHBC said. Of the