23 Jun 2016 15:16
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Don't have an account? Click here to register.Telford Homes expects to double profits
Wed, 14th Oct 2015 08:53
(ShareCast News) - Telford Homes is expected to double its profit for the first half of the financial year as housing demand exceeds supply.In a trading update for the six months to 30 September, the AIM-listed property developer said that profit before tax is expected to more than double compared to the first half of 2014 when it was £9.4m.The company also flagged a strong forward sold position of over £685m to be recognised across five financial years.The future is also looking positive for the company due to an under-supply of new homes at an affordable price in London, which underpins its growth strategy.Chief executive Jon Di-Stefano said the group continues to add to its development pipeline."With over £685 million of forward sales secured, Telford Homes remains well on track to meet profit expectations for the year to 31 March 2016 and beyond."
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9 Jun 2016 15:02
1 Jun 2016 08:36
Telford Homes FY profit and revenue surge amid strong demand
(ShareCast News) - Residential property developer Telford Homes posted a 28% jump in pre-tax profit for the year to the end of March as revenue surged amid strong demand. Pre-tax profit rose to £32.2m from £25.1m in 2015, as revenue increased 42% to a record £245.6m. The company said it saw strong
Read more31 May 2016 14:40
Telford Homes sells London property for £63.2m
(ShareCast News) - Residential property developer Telford Homes has exchanged contracts for the sale of 150 homes and commercial buildings that are being built on Carmen Street, London, to M&G Real Estate, for a net £63.2m. Ahead of its preliminary results on Wednesday, the pre-construction deal was
Read more25 May 2016 15:17
13 Apr 2016 06:55
23 Mar 2016 15:28
15 Feb 2016 11:40
Telford Homes sells Caledonian Road development for £67m
(ShareCast News) - Telford Homes' large Caledonian Road development in North London - The Pavilions - received a boost on Monday, with the news it had sold all houses in the scheme to a subsidiary of L&Q, one of the UK's biggest housing associations. The AIM-traded residential property developer sai
Read more3 Jan 2016 14:47
Sunday share tips: Persimmon, Vodafone, McBride, Telford Homes
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
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