Youngs Consultancy
Written by Daley Young A record first half volume output has been achieved by Bellway for the six months ending January 31 2020 with the completion of 5,321 new homes (2019 – 5,007), a rise of 6.3%. Private homes have been in strong demand, with an 11% rise in the private reservation rate to 151 per week (2019 –
Written by Daley Young 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
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 Miller Homes saw its completions rise 12% during the six months to June 30 2018, it reported this week. The housebuilder achieved 1,493 home completions during its half year, compared to 1,336 during the same period in 2017. Its average selling price rose to £248,000 up 6%. Revenue also increased 7% to £356.1 million and
Written by Daley Young Bellway have today announced housing completions rose 10.6% in the year ending July 31 2017 against the previous year. In its trading update released ahead of its preliminary results announcement on October 17, the housebuilder said it had achieved further volume growth, with completions rising to 9,644 during its financial year. Bellway’s housing revenue is
Written by Daley Young Reporting on the housebuilder’s half year results, Stone said that “strong levels of employment, low interest rates and good mortgage access – including through the Help to Buy Scheme – should all contribute to a sustainable new build housing market.” Crest Nicholson said it was set to deliver revenue growth in its full year to
Written by Daley Young Crest Nicholson and Kier Group have continued to enjoy good performances, with Crest reporting good sales across its areas of operation. Issuing an update at Crest’s AGM last week, the company’s’ Chairman William Rucker said that the trading environment had “remained generally robust”. Rucker said that total forward sales were 5% ahead of the same
Written by Daley Young CALA Group has reported a “very strong” first half performance, and anticipates a fifth consecutive year of record revenues and profits. During the six months to December 31 2016, CALA’s net private reservations rose 24% to 610 on the equivalent period last year, which ceo Alan Brown said was mainly driven by its growth strategy.
Written by Daley Young Legal completions at Persimmon in 2016 reached 15,171, a rise of 599 on 2015 according to a trading update issued last week. Revenue for 2016 reached £3.14 billion, 8% higher than 2015 which was £2.90 billion, and the group’s average selling price increased by 4% to around £206,700 (2015: £199,127). The firm said that sales