Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Revenue at housebuilder soars but site sales and forward orders drop back
Countryside has seen half-year profits fall back after making a £25m provision to repair blocks now assessed as unsafe in the wake of the Grenfell Tower fire.
The firm saw revenue soar by 37% to £661m in the six months to the end of March compared with the same period last year – the end of which was affected by the first covid lockdown.
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