31 Dec 2015 11:56
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Don't have an account? Click here to register.Telford Homes reports strong demand in London market
Thu, 16th Oct 2014 10:26
Property developer Telford Homes announced a strong trading update as London market demand remained "strong", with its development pipeline topping £1bn for the first time.Telford said the "tremendous success" of the launch of its residential development Stratosphere gave the company confidence for its business in the next few years.The group, which will next month release its interim results for the six months ended 30 September, said it continued to see a strong demand for its homes in the London market, with more than 500 open market homes sold since April.Chief executive Jon Di-Stefano said: "The board believes in the long-term prospects of the London market."The group now has more than £1bn of future revenue in its development pipeline and we are already well on track to deliver the previously reported expectation of pre-tax profits in excess of £120 million over the four years to 31 March 2018."Peel Hunt analysts said on Thursday the success of the Stratosphere project "strengthened the group's sector-leading forward sales position even further, giving us high confidence in our medium-term profit expectations".
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3 Dec 2015 16:59
2 Dec 2015 09:01
Telford Homes interim profit surges on London demand
(ShareCast News) - London-focused property developer Telford Homes said its interim pre-tax profit doubled on the back of strong demand in the London property market. In the six months to the end of September, the group said its pre-tax profit more than doubled to £21m, while revenue surged from £65
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25 Nov 2015 16:05
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Telford Homes expects to double profits
(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
Read more21 Sep 2015 09:57
Telford Homes acquires United House Developments' regeneration business
(ShareCast News) - Property developer Telford Homes has completed the acquisition of United House Developments' regeneration division for £23m. The London-focused group said the regeneration business comprises companies with interest in four major projects across north and east London, including the
Read more17 Jul 2015 05:13
16 Jul 2015 15:10
16 Jul 2015 09:43
Telford Homes expects more London demand
(ShareCast News) - Residential developer Telford Homes said it expected strong demand for London housing after it reported forward sales of more than half its development pipeline. The home builder said the total value of all forward sales secured and due for completion in the year to 31 March 2016
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