Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
South east housebuilder says it remains committed to plan to double size of the business
South east housebuilder Hill Group says it is committed to its plan to double the size of the business despite publishing results showing 2022 revenues hit by deepening planning delays.
Hill said revenue for calendar year 2022 fell 5% to £716m, down from £753m in 2021, with the firm blaming the decline on delays in planning. The firm reported stable pre-tax profit, edging up a fraction to a record £65.6m from £65.1m last year.
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