“Excellent” first half growth for Countryside

Countryside says it has achieved “excellent growth” in its first half, with a 27% rise in revenue to £507 million on a 43% lift in total completions against the equivalent period in 2018. During the 6 months to March 31 2019, the home builder and regeneration partner achieved 2,362 completions in total (combining its Housebuilding

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Build to rent for Telford

During the year to March 31 2019, the Telford’s saw a revenue rise of 12% to £354.3 million against the equivalent period last year, with the proportion from build to rent developments at 31% (2018: 21%). In line with a previous announcement, total pre-tax profit fell to £40.1 million from 2018’s £46.0 million, thanks to

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Berkeley expresses confidence in the long term market

Issuing a short trading update this month the Berkeley Group expressed confidence in the “long term resilience” of its markets while being “very mindful” of the potential for short term disruption. It reiterated the company’s updated pre-tax profit guidance issued with its interim results in December. The update covering the period from November 1 to

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£1bn pre-tax profit for Persimmon

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%

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Strong growth for Bellway

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

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“Bounce back” for the new homes market

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

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“Strong trading performance” for Persimmon

On February 26th Persimmon will release its full year results but the volume housebuilder has already revealed its achieved another “strong trading performance” during 2018 and expects its pre-tax profits for the year ending December 31 2018 to be “modestly ahead” of current market consensus, with the company benefiting from the new schemes it has

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Record profits anticipated for Bovis

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

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“Strong performance” for Taylor Wimpey

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

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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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