Profit jumps at Story Homes despite covid hit

Story Homes Why-choose-new-builds-street-scene-photo-4-1000x750

Carlisle-based builder cuts staff but sees 43% leap in pre-tax income

Cumbria-based housebuilder Story Homes has recorded a 43% jump in pre-tax profit for the covid affected year to March 2021, despite a sharp drop in turnover.

The firm recorded a pre-tax profit of £7.7m in official company accounts, despite revenue slipping back 18% from £220m to £180m.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now