Telford 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 profit before tax expected to be up by more than 30 per cent, slightly ahead of current market expectations.
Jon Di-Stefano, Chief Executive of Telford Homes, commented: “Telford Homes continues to perform well and I expect to once again report record revenue and profit for the year to 31 March 2018. As we increase the scale of the business, our growth is underpinned by the lack of supply of new homes in London and demand for our product at more affordable price points remains strong. Build to rent is the most exciting part of our business in the near term and I believe our increased focus on this sector will drive the next phase of our growth and bring even greater success.”
Read the Telford Homes trading update 18th April 2018 in full click here.