Sunday, 30 April 2017

Wates reports increased profits

A construction firm has reported a 26% increase in its pre-tax profits in its year end accounts.

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  • Wates announces 17.1% rise in profits

    20 March 2017

    A housing contractor has announced a 17.1% rise in profits to £35.5m in 2016.

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    Contractor Kier Group has reported increased profit and turnover in its residential business, saying the Brexit referendum result has had “no material impact” on its operations.

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    A major housing and care contractor has announced a slight dip in profits in the first six months of the year, describing the care business as “challenging”.

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    A major house builder has reported a 21% increase in sales.

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    Britain’s largest volume house builder has reported a 9.7% increase in forward sales, citing “good availability of attractive mortgage finance”.

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