“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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£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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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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Bellway reaches more than 10,000 sales

Bellway has reported, for the first time in history it has completed the sale of more than 10,000 homes! Issuing a trading update for the year ending July 31 2018 ahead of its preliminary results announcement on October 16, the housebuilder said that during its financial year it completed the sale of 10,307 new homes,

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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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Profit boost at Barratt

Barratt has achieved the highest level of completions in a decade – competing on 17,579 homes in the year ending June 30 2018, 184 up on last year’s figure. The firm said in a trading update dated 11th July that it expects profit before tax to be around £835 million, a rise of over £69

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Redrow continues its robust performance

A pre-tax profit of “at least” £306 million is expected by Redrow for its financial year ending June 30 2017. This is an increase of 22% on 2016. Giving a brief trading update, the housebuilder said that its trading and performance continued to be robust, thanks to a “record” order book and a further increase

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