Tuesday, August 20, 2013

Epic Research Singapore : U.K Market Update

Housebuilder Bovis Homes following Monday's interim report which showed strong momentum and a decent outlook for the full year.

Profit before tax totalled £18.6m in the six months to June 30th, up 19% on the £15.6m reported the year before. This was helped by a 15% increase in the average sales price and an 80 basis-point improvement in operating margins. Housing revenue rose 17% from £157.1m to £183.2m

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