Edition:
United Kingdom

Bovis Homes Group PLC (BVS.L)

BVS.L on London Stock Exchange

854.00GBp
14 Dec 2018
Change (% chg)

-3.00 (-0.35%)
Prev Close
857.00
Open
879.40
Day's High
879.40
Day's Low
833.00
Volume
508,248
Avg. Vol
446,445
52-wk High
1,311.65
52-wk Low
824.40

Latest Key Developments (Source: Significant Developments)

UK builder Bovis says full-year profits to be at top end of expectations
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Bovis Homes Group PLC ::H1 REVENUE ROSE 1 PERCENT TO 432.2 MILLION STG.STRONG H1 PERFORMANCE WITH A 41% INCREASE IN PROFIT BEFORE TAX, AHEAD OF OUR EXPECTATIONS.CONTROLLED VOLUME GROWTH RESULTING IN ANOTHER DISCIPLINED AND ORDERLY PERIOD END.LAUNCH OF MARKET LEADING PHOENIX HOUSING RANGE GIVING CUSTOMERS GREATER VALUE AND DRIVING PROFITABILITY.TOTAL H1 COMPLETIONS 1,580.H1 PROFIT BEFORE TAX((1)) £60.2M.STRONG SALES POSITION WITH 96% OF 2018 SALES SECURED.UNDERLYING PRICING REMAINS FIRM WITH SOME POSITIVE MOMENTUM DRIVEN BY PRICE OPTIMISATION INITIATIVES.ON TRACK TO DELIVER MINIMUM OF £180M TOTAL CASH PROCEEDS FROM BALANCE SHEET OPTIMISATION INITIATIVES BY END OF 2018.WE ARE CONFIDENT IN OUTLOOK FOR BUSINESS AND ARE TARGETING A RECORD YEAR OF PROFITS IN 2018, AT TOP END OF BOARD'S EXPECTATIONS..  Full Article

Bovis Homes Says Sales Rate For HY Up 8 Pct To 0.52
Thursday, 5 Jul 2018 

July 5 (Reuters) - Bovis Homes Group PLC ::EXPECT TO DELIVER A SIGNIFICANT STEP UP IN PROFITABILITY FOR HALF YEAR.DELIVERED A TOTAL OF 1,580 (2017: 1,512) COMPLETIONS IN HALF YEAR.PRIVATE AVERAGE SELLING PRICE IN HY WAS C. £335,000 (2017: £334,700).GROUP'S SALES RATE FOR HY WAS UP 8% TO 0.52 (2017: 0.48).EXPECT AVERAGE ACTIVE SITES NUMBER TO INCREASE IN SECOND HALF.HOUSING MARKET FUNDAMENTALS REMAIN ROBUST.STRONG POSITION TO DELIVER UPON EXPECTATIONS FOR FULL YEAR.  Full Article

UK builder Bovis says pre-tax profit after exceptionals to be around 115 million pounds in 2017
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Bovis Homes Group Plc ::UK BUILDER BOVIS' CEO TELLS REUTERS FULL-YEAR PRE-TAX PROFIT AFTER ONE-OFF EXCEPTIONAL ITEMS WILL BE AROUND 115 MILLION POUNDS, 2018 PROFIT WILL BE 155 MILLION POUNDS.  Full Article

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UK housebuilder shares bounce as traders hedge Brexit bets

LONDON Shares in UK housebuilders bounced off two-year lows on Wednesday as investors and traders covered bearish bets ahead of next week's vote on Prime Minister May's Brexit deal.