All financial results articles
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News
Springfield reports sharp drop in completions and profit
Scottish housebuilder cites subdued homebuyer demand and reduced affordable housing activity as profit plummets 37%
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Abri invests ‘record’ £100m in existing homes but sees 19% dip in annual completions
The 50,000-home housing association reports ‘exceptional’ surplus of £518m due to merger with Silva Homes.
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Surplus down but turnover rises in SNG’s first post-merger financial accounts
The merged organisation, which is aiming to develop 25,000 new homes over the next decade, says its balance sheet is ‘robust, diversified and resilient’
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Platform Housing’s surplus falls due to pension scheme exits costing £18m
The Midlands-based housing association also cited cost pressures from investment in homes, customer services, and high inflation
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Bromford Housing reports increase in turnover, but higher operating costs
Housing association blames rise on higher repair volumes
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MTVH reports £80m deficit due to fire safety costs and write-downs
Revenue and underlying operating surplus up but housing association hit by higher non-recurring and fire safety costs
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Partnerships model underpins rising completions at Keepmoat
Revenue also up in latest results, but profit drops
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Bellway ‘encouraged’ by year’s start despite drop in profit
Revenue and completions also down in interim results
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Berkeley forecasts improved cash position in trading update
Housebuilder sticks to long-term profit guidance
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Profit and revenue up as partnerships shift continues at Vistry
Group takes £19m hit on second staircase costs
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L&Q quarterly completions drop by a third
The 109,000-home housing association has reduced its development target to focus on investing in existing stock
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Crest Nicholson downgrades profit forecast for third time in six months
The £780m-turnover firm has been hit by £13m in “exceptional” costs linked to a fire amid other issues with ”legacy sites”
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Council-owned developers Be First and Populo Living record profit increases
Both wholly-owned housing companies have boosted their profits despite viability challenges
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Churchill’s pre-tax profit almost halves
The group’s revenue has fallen by 12.9% year-on-year, as unit sales drop
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Bloor Homes’ profit declines 9%
Privately-owned Derbyshire-based housebuilder says demand impacted by higher mortgage costs
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Peabody’s development down by a third
The housing association completed 654 homes in the last half-year, with net surplus down almost 50%
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Stonewater’s surplus decreases 43% as shared ownership staircasing sales dip
The 36,000-home housing association reports lower sales revenue and increased repair costs
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Platform’s net surplus takes a hit despite 10% turnover growth
The Midlands-based housing association completed 480 homes in the six months to September 2023
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Telford Homes falls to £193m loss
Build-to-rent developer reports second consecutive loss after being hit by building safety cost and problem job
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Bellway to cut volume by a third
Housebuilder says it expects to build just 7,500 homes this year and has cut 5% of staff