Banker belt boom outside London will be a boon to Bovis Homes – Bottom Line August 18, 2014 Six weeks ago I wrote on these pages that I thought there was “scope for housebuilders to continue their bull run”. Bovis Homes is thus well and truly in my good books. Yesterday’s strong set of results boosted its share price, which is now 7.5 per cent higher than when I penned my last bullish [...]
Bovis Homes benefits from housing boom, with profit up 166pc August 18, 2014 UK housebuilder Bovis Homes has experienced a 166 per cent rise in profit following a strong demand for new homes. In results released this morning for the six months to 30 June, the FTSE 250 company reported a 54 per cent increase in the number of new homes built compared to the same period [...]
Bovis sees property sales boom on back of Help-to-Buy housing scheme July 8, 2014 A boom in Britain’s property market and the government’s Help-to-Buy scheme have helped to boost house buying and have led Bovis Homes to report its best-ever first half sales. The Kent-based housebuilder announced yesterday that it had completed 1,487 sales in the six months to the end of June, a massive 54 per cent increase on the [...]
Bovis Homes see average selling price soar to £210,000 as completions rise 54pc July 8, 2014 Bovis Homes has seen a 54 per cent rise in completions in the first half of 2014; its highest ever number of completions for the first half of a financial year. According to its latest trading update completions stood at 1,487 for the first six months of 2014, up from 963 in the corresponding period last [...]
Bovis Homes ramps up house building by 80pc in 2014 May 16, 2014 No doubt some pleasing news for the powers that be: Bovis Homes says it built 80 per cent more homes in the first four months of this year, aware of the “importance of its positive contribution to the government's ambition to increase new homes production.” The surging demand for more homes has significantly buoyed performance for [...]
Bovis Homes profits soar in wake of housing boom February 24, 2014 House builder Bovis Homes has reported a surge in profit before tax of 48 per cent to £78.8m for the year to 31 December. The company said the rise in profits reflected the group's growth strategy. Bovis reported a 14 per cent increase in average sales price to £195,100 and attributed the increase to a [...]
Bovis boss hails strongest order book in years January 16, 2014 BOVIS Homes said its order book was at its strongest state in many years and that it was seeing robust demand for its homes in the early weeks of 2014, as buyers backed by the government helped boost the housing market. In a trading update yesterday, issued ahead of its full year results, the housebuilder [...]