Construction News

18/08/2014

150% Profit Rise For Bovis Homes

Bovis Homes have reported a rise in pre-tax profits of 150% in the six months to June, now standing at £49.4m compared to £18.6m for the same period last year.

It is understood that the there has been an increase in both the number and value of houses being sold.

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The company say that in the first half of 2014, the completed 1,487 property sales, a 54% increase on the same period a year before.

The house building company said that it expects to see new property sales increase to between 5,000 and 6,000 annually.

(MH/IT)

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