Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Springfield increases turnover in first half
Springfield Properties has reported increased profit and turnover in its half year results.
The Scottish housebuilder in its results for the six months to 30 November, reported a 2% increase in turnover from £105.6m to £108m, while its pre-tax profit increased 6% from £3.5m to £3.7m.
The group was boosted by a 26% rise in affordable housing revenue from £20.4m to £25.8m. It said it now has almost all of its forecast affordable housing revenue for the year delivered or contracted.
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now