Tag: Bovis Homes

Bovis reports 130% rise in pre-tax profits

Bovis reports 130% rise in pre-tax profits

Housebuilder Bovis has today reported profits more than doubled in the six months to the end of June as a result of cost-cutting and rising house prices. The company said pre-tax profits surged to £8.1 million in the six month period compared with £3.5 million in the same period a year earlier, while revenue rose [...]

August 30, 2011 | 0 Comments More
Bovis sees encouraging start to the year

Bovis sees encouraging start to the year

Housebuilder Bovis Homes issued a positive statement today after saying 2011 had started well for the company and it will resume dividend payments. According to the company, pre-tax profits for 2010 were £18.5 million - more than double the £7.5 million it reported for the 2009 year. Revenues were up 6% at £298.6 million and [...]

March 14, 2011 | 0 Comments More
Bovis: Consumers hit by spending cuts and tax hikes

Bovis: Consumers hit by spending cuts and tax hikes

Housebuilder Bovis Homes has today claimed the coalition Government’s spending cuts and tax hikes have dented consumer confidence. Its claim comes as the company reported a pre-tax profit of £3.5 million in the first half of 2010, compared with a loss of £8.6 million for the same period last year, Meanwhile, it added it planned [...]

August 23, 2010 | 0 Comments More
Bovis reports signs of house price stabilisation

Bovis reports signs of house price stabilisation

In presenting its interim results Bovis Homes has reported signs of house price stabilisation, during the second quarter of 2009. However, the housebuilder describes the UK market as remaining “fragile” with “mortgage valuations continuing to place downward pressure on negotiated prices”. The company completed 754 homes during the first six months of the year, compared [...]

August 24, 2009 | 0 Comments More
Vendors tempt buyers with “try before you buy”

Vendors tempt buyers with “try before you buy”

The downturn in the UK housing market has left homesellers and property developers exploring new ways of attracting buyers. With properties for sale now outnumbering potential purchasers by an estimated 15 to 1, estate agents and housebuilders are adopting an innovative method of securing purchasers with “try before you buy” schemes. According to a report [...]

July 14, 2008 | 0 Comments More