25 May 2017 – AGM statement
The company has issued a very positive AGM statement revealing that all of its three business segments, land promotion, property investment and development and construction are trading strongly. The group has enjoyed a strong start to 2017 and assuming no change to the current economic environment the group’s performance for 2017 is expected to be comfortably ahead of previous expectations. Pre-tax profits for the current year are now expected to be in the region of £45.2m (2016: £39.5m) for earnings per share of 25.6p (2016: 21.4p). Although the shares have enjoyed a strong run they remain ATTRACTIVE.