Revenues build up at Keepmoat Homes but profits tumble £12m

Doncaster-headquartered Keepmoat Homes has seen its revenues rise 31% to £555m in the same year its pre-tax profits dropped by £12m. Today publishing its annual results to 31 March 2018, the firm said 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. 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" including cost over-runs that were ... 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...
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