Housebuilder’s revenues near £450m
Housebuilder Avant Homes has reported a third year of record results in a 'buoyant' northern market.
Reporting on its annual results to 27 April 2018, Avant Homes said its operating profit was up 43% to £65.9m (FY17: £46m) and revenues had risen 21% to £447m (FY17: £369m).
During the period, Avant Homes saw total house completions rise 16% to 1,902 (FY17: 1,636). The firm added 3,071 plots to its owned and contracted land supply, which now stands at 7,921 plots.
It saw a strategic land pull through of 1,062 plots in the y... 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...