Positive annual results for housebuilder despite economic factors ‘tempering demand’

Doncaster-headquartered housebuilder Strata has reported a strong financial performance for a third consecutive year, with sales in the year ending 30 June 2018 delivering a total revenue of £153m and operating profit from housebuilding activities of £19.5m. This is up fromn the previous year when Strata reported revenues of £128m, while pre-tax profit on residential property sales, before share based payment charges, stood at £20m. During the year, the business has completed 672 homes, up 10% from the 605 homes sold the pre... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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