Keepmoat takes £13m hit across West Midlands sites
Housebuilder Keepmoat Homes has seen its revenues rise 31% to £555m but pre-tax profits drop by £12m while also revealing a £13m hit on losses on sites across the West Midlands.
For the year to the end of March, the firm's revenues increased by 31.3% to £555.6m (FY17: £423.2m) and its pre-tax profits stood at £13.5m, down from £25.4m in the previous year.
But in its annual report, Keepmoat Homes said there had been £13.2m of losses on sites across the West Midlands, where there were "significant trading issues" includin... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
