Bovis expect volume delivery for 2016 will be lower than previously anticipated

Bovis Homes Group PLC today issues pre close update ahead of reporting its final results for the year ending 31 December 2016 on Monday 20 February 2017.

In the update, for 2016 they state that: We expect the volume delivery for 2016 will be lower than previously anticipated at between 3,950 and 4,000 homes, the exact number depending on the extent of legal completions in the remaining days of the year.  We have experienced slower than expected build production across the Group’s sites during December, resulting in approximately 180 largely built and sold private homes which were expected to complete in 2016 being deferred into early 2017.

Read the Bovis Homes Group pre close update released today in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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