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... For the full story register now for free or login below...
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