Posts Tagged ‘trading update’
Foxtons delivers solid third quarter
Foxtons Group plc, London’s leading estate agency, today issued its trading update for the quarter ended 30 September 2018. The Group delivered a solid third quarter performance as the trends set out in July continued through the period. Nic Budden, CEO, said: “This was a solid quarter in a challenging market. Whether it’s securing a…
Read MoreCountrywide issued its trading update for the quarter ended 31 March 2018.
Countrywide PLC yesterday 25th April 2018 issued its trading update for the quarter ended 31 March 2018. Total Group income for the quarter was lower at £145 million compared to £162 million for the same period in 2017. Countrywide stated in the announcement that the Group has moved swiftly to restore expertise in Sales and…
Read MoreTelford Homes PLC anticipates record revenue and profit for year to end March 2018
Telford Homes Plc, the London focused residential property developer, today released an update on trading ahead of its final results for the year ended 31 March 2018, which will be released on Wednesday, 30 May 2018. Telford Homes mention in the highlights: Record revenue and profit anticipated for the year to 31 March 2018 and…
Read MoreCountrywide Plc Q3 revenue falls 7% year on year.
Countrywide plc the UK’s largest integrated property services group, issued its trading update yesterday 9th November 2017 for the quarter ended 30 September 2017. Total Group revenue for Q3 was £175.1m, an increase of 2% compared with Q2 and down 7% year on year, within estate agency, Q3 revenue was £47.8m (2016: £57.0m). Third quarter…
Read MoreFoxtons reveals performance in line with expectations in latest qtr trading update
Foxtons plc, London’s leading estate agency, yesterday 18th october 2017 issued its trading update for the quarter ended 30 September 2017. The update revealed that: The Group’s performance during the quarter was in line with the Board’s expectations with total revenue of £35.1m (2016: £37.5m), taking total revenue for the nine months ended 30 September…
Read MoreTelford Homes Plc expect more build to rent transactions as institutional demand continues to grow
Telford Homes Plc the London focused residential property developer, today provides a trading update ahead of its interim results for the six months ended 30 September 2017 which will be released on Wednesday, 29 November 2017. Leading the highlights section they state: The ongoing acute need for more homes to buy and rent in non-prime…
Read MoreTrading Update – Bellway expects Housing Revenue to increase
Bellway today issued a trading update for the year ended 31 July 2017 ahead of its preliminary results announcement on Tuesday 17 October 2017. In the update they state: Housing revenue is expected to increase by over 13% to £2.5 billion (2016 – £2,204.6 million). Ted Ayres, Chief Executive, commented: “A focus on delivering growth,…
Read MoreParagon Group reports Buy-to-let lending reaches £1.0 billion for first nine months of the year
The Paragon Group of Companies, the parent company of Paragon Mortgages, yesterday 26th July 2017 released its Q3 trading update for the nine months to 30 June 2017. Buy-to-let lending reaches £1.0 billion for first nine months of the year Professional landlords and complex portfolios now 70% of mortgage applications PRA Phase 2 changes for…
Read MoreThe remortgaging market both for residential and buy-to-let remains steady says MAB
Mortgage Advice Bureau (Holdings) plc today 25th July 2017 released its Pre-close Trading Update for the six months ended 30 June 2017, ahead of publishing its interim results announcement on Tuesday, 26 September 2017. Revenue for the six months ended 30 June 2017 increased by 15% to £49 million driven by a 14% increase in the average…
Read MoreLSL expects to report strong interim results on 1st August 2017
LSL Property Services plc, a leading provider of residential property services incorporating both Estate Agency and Surveying businesses, today provides Pre Interim Results Trading Update ahead of the announcement of its interim results on 1st August 2017. Trading Update Following LSL’s positive AGM statement issued on 27th April 2017, trading for the first half of…
Read MoreBellway is well positioned to deliver further volume growth
Bellway PLC issued a trading update yesterday 14th June in respect of the period from 1 February to 4 June 2017. Sales demand in the period was strong, with a 13% increase in the reservation rate to 221 per week (2016 – 196 per week). Ted Ayres, Chief Executive, commented: “Robust market conditions, together with…
Read MoreBelvoir lettings trading update announces total group revenue up 19%
Belvoir Lettings PLC, one of the UK’s largest property franchises, issues a trading update ahead of the Group’s General Meeting today. Trading during the first quarter of the current financial year has been in line with the Board’s expectations. Group revenue was up 19% on the prior year, mainly reflecting the acquisition of Northwood in…
Read MoreFoxtons performance for Q1-2017 in line with Board’s expectations
Foxtons Plc, London’s leading estate agent yesterday 17th May 2017 issued a trading update for Q1-2017. During the first quarter Foxtons performance has been in line with the Board’s expectations. Group revenue was £28.7m compared to £38.4m in the first quarter last year and £26.4m in the fourth quarter of 2016. This quarterly performance is set…
Read MoreBarratt Developments PLC delivering a strong performance since the start of the calendar year.
Barratt Developments PLC today issued a trading update in respect of the period from1 January to 7 May 2017, in which it highlights: Total completions (including joint ventures) expected to be around 17,350 for the year, the highest number of completions in nine years. They state that: Market conditions remain good, with the Group delivering…
Read MoreUK business continues to go from strength-to-strength says Purplebricks
Purplebricks Group plc today announces a trading update for the year ended 30 April 2017 ahead of reporting its final results on 29 June 2017. They state: Trading in the UK has been strong, with year-on-year instruction growth in the second half of the financial year up 83%. Commenting on the update, Michael Bruce, Group…
Read More