Telford Homes expects to report record revenues and profit.

April 5, 2017

Telford Homes Plc, the residential property developer focused on non-prime London, has today 5th April 2017 given an update on trading ahead of its final results for the year ended 31 March 2017, which will be released on Wednesday, 31 May 2017.

Telford Homes expects to report record revenues and profit for the year to 31 March 2017 and that profit before tax is anticipated to be slightly ahead of current market expectations following a strong performance in the second half of the year.

Jon Di-Stefano, Chief Executive of Telford Homes, commented: “I am delighted that after a strong performance in the second half of the year, the Group expects to report record revenues and profit before tax for the year to 31 March 2017.  Telford Homes is extremely well positioned to achieve further significant growth, building homes for a chronically undersupplied non-prime London market and increasing its activity in the build to rent sector which earns higher capital returns.  As a result we are on track to deliver on our stated ambitions to exceed £40 million of profit before tax in the year to 31 March 2018 and £50 million in the year to 31 March 2019.”

Read the Telford Homes Plc trading 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.

You May Also Enjoy

Breaking News

Breaking Property News 18/5/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Labour’s flagship social housing provider Vistry flounders   For the past 18 months, Labour’s housing strategy has been built around one central promise: accelerate delivery, unlock planning, and hit ambitious housebuilding targets through large-scale partnerships between government, housing associations and major developers. But the…
Read More →
Breaking News

UK’s most affordable locations for first-time buyers

New Lloyds research reveals the most affordable places in the UK for first time -buyers • East Ayrshire tops the list, with average first -time buyer prices below £150,000 • Blackpool, Merthyr Tydfil and Mid and East Antrim also rank among the most affordable • Average first -time buyer age is 32 – but falls…
Read More →
Breaking News

House prices trending into negative territory for just second time in a decade

The latest research by Yopa has revealed that average monthly house price growth across Britain has slipped into negative territory in 2026, marking only the second time this has happened over the last decade. Yopa analysed the average monthly rate of house price growth across Britain, England, Wales and Scotland between 2016 and 2026 so…
Read More →
Breaking News

Homesellers face months of delays

The latest market analysis from House Buyer Bureau has revealed that home sellers in some parts of the country are facing Local Authority search waiting times of more than 90 days, with growing legal bottlenecks increasingly putting transactions at risk before they reach the finish line.   House Buyer Bureau analysed the latest Local Authority…
Read More →
Breaking News

Breaking Property News 14/5/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The art of getting noticed as a recruiter in a world noisy with AI Why personal branding, humour and sharp messaging cuts through all – meet Daniel Fisher MREC Cert RP As a two times editor, journalist, author, analyst and consultant I get to…
Read More →
can you drink tap water
Letting Agent Talk

What tenants really want from a HMO in 2026

By Allison Thompson, Chief Lettings Officer, Leaders part of LRG   Houses in Multiple Occupation (HMOs), also referred to as multi-lets or room rentals, have come a long way in the past couple of decades. Once thought of as very much at the bottom of the accommodation pile, with a reputation for being sub-standard, many…
Read More →