Another year of strong growth for Countryside!

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

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Countryside’s completions up 29%

Countryside Properties’ total completions climbed 29% to 1,060 units during its third quarter. Issuing an update for the period covering April 1 to June 30 2018, Countryside’s overall private average selling price dipped 7% as anticipated to £376,000 compared to the equivalent period in 2017, with underlying sales price growth of 2%. Countryside’s net reservation

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Countryside report positive outlook

Countryside’s performance in its current trading year to date is in line with expectations!  The housebuilder reported open sales outlets are up 25% at 60 (2017: 48) and average weekly site visitors up 3% year on year. They are seeing house price inflation of 3% but build cost inflation at 3% to 4%. Countryside is

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Countryside’s trading is “ahead of expectations”

This week Countryside Properties have reported its trading in its first half has been “ahead of expectations”. The business said it was successfully increasing scale in its Housebuilding division, and under its Partnerships arm had upgraded completion targets for FY 2018. During the six months to March 31 2017, the firm’s total completions rose 31%

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Excellent growth for Countryside in both divisions

Countryside Properties’ Housebuilding division has reported a “very strong first half”. The completions totalling 450 homes which is a rise of 54% on the equivalent period last year. Giving an update ahead of the release of its half year results on May 17, the division’s private average selling price dropped 31% to £540,000 during the

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Kier and Countryside continue to grow

Kier and Countryside issued positive trading statements to the City at the end of last week. At Kier the residential division, which is part of the wider construction group, performed in line with expectations in the second half of 2016. The firm said that the residential division continued to benefit from the demand in the

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Profit rise at Countryside

Countryside Properties has seen operating profit surge by 34% to £122.5 million in the year to September 2016. The firm refloated in February this year and has generated £777 million in revenue, 26% up on last year. Within these figures, Countryside saw housing completions rise from 2,364 units to 2,657 units. Of these, 783 units

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Positive post-referendum trading reported by Countryside and Telford

Countryside Properties and Telford Homes are the latest housebuilders to report good trading conditions following the result of the EU referendum. Countryside, which specialises in place making and urban regeneration, said that trading over the summer months into the autumn selling season had been “robust”. During the three months following the referendum, it saw an

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Good progress made by Countryside

Countryside Properties today reported it remains “on track” to deliver the medium term goal of 3,600 completions, with its Housebuilding and Partnerships divisions performing strongly. Reporting on the six months to March 31 2016, the housebuilder said total completions in the housebuilding arm rose 25% to 292 units against the equivalent period in 2015. Private

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