Bovis Homes thriving post-BrexitPosted November 10, 2016
Bovis homes has, once again, announced that their business is thriving in post-Brexit Britain. Although there was a brief slow-down in sales activity immediately after the EU referendum, it didn’t damage their business.
Chief executive David Ritchie said: “Another year of both growth in volume and increase in average sales price is expected to deliver record revenues for the group in 2016. As a result, we are on track to deliver increased profit and a further improvement in return on capital employed, in line with our expectations.
“We continue to trade well, drive production across all our sites, invest in our people and acquire high quality land outside London. Housing market fundamentals remain supportive despite greater market uncertainty and we continue to manage the business through the cycle to deliver sustainable shareholder returns.”
Mainline continue to support the house building industry with competitive rates for plant hire.