RE: Today’s update1 Jul 2021 09:12
Great update!!
Full year 2020/21 revenue expected to be approximately £215m, representing year-on-year growth of 49% and the Group's highest ever annual turnover
· Growth driven by increased sales in private and affordable housing and contribution from strategic land sales
· Substantial increase expected in profit before tax, in line with recently upgraded market expectations
· Net debt reduced to approximately £21m at year end, achieving a £50m reduction compared with £71m at 31 May 2020