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United Kingdom

Bovis Homes Group PLC (BVS.L)

BVS.L on London Stock Exchange

1,016.50GBp
19 Feb 2019
Change (% chg)

11.00 (+1.09%)
Prev Close
1,005.50
Open
1,001.00
Day's High
1,019.00
Day's Low
1,001.00
Volume
222,707
Avg. Vol
432,403
52-wk High
1,311.65
52-wk Low
817.16

Latest Key Developments (Source: Significant Developments)

Bovis Homes Group Says Early Signs in 2019 Trading "Encouraging"
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Bovis Homes Group PLC ::BOVIS HOMES GROUP PLC - FY TOTAL COMPLETIONS OF 3,759 UNITS AT YEAR END.BOVIS HOMES GROUP PLC - FY PROFITS SLIGHTLY AHEAD OF MARKET CONSENSUS.BOVIS HOMES GROUP PLC - SUBSTANTIAL STEP-UP IN FY OPERATING MARGIN.BOVIS HOMES GROUP PLC - ON TRACK TO DELIVER IN EXCESS OF TARGETED £180M ADDITIONAL NET CASH FROM BALANCE SHEET OPTIMISATION.BOVIS HOMES GROUP PLC - DELIVERED A TOTAL OF 3,759 NEW HOMES IN YEAR, AN INCREASE OF 3% ON PRIOR YEAR AND IN-LINE WITH EXPECTATIONS.BOVIS HOMES GROUP PLC - TOTAL AVERAGE SELLING PRICE ON COMPLETIONS IN YEAR WAS C. £273K VERSUS £272.4K.BOVIS HOMES GROUP PLC - FY UNDERLYING PRICING REMAINS ROBUST AND IN-LINE WITH OUR EXPECTATIONS.BOVIS HOMES GROUP PLC - FY SALES RATE PER OUTLET PER WEEK FOR YEAR WAS 0.5 VERSUS 0.48.BOVIS HOMES - EXPECT TO CONCLUDE WELLINGBOROUGH PARTNERSHIP, IN EARLY 2019 REALISING AN ADDITIONAL C. £65 MILLION NET CASH BENEFIT.BOVIS HOMES GROUP PLC - WHILST IT IS TOO EARLY IN YEAR TO COMMENT ON 2019 TRADING, EARLY SIGNS ARE ENCOURAGING.BOVIS HOMES GROUP PLC - INTENDS TO RECOMMEND A FINAL ORDINARY DIVIDEND OF 38.0 PENCE PER SHARE.  Full Article

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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Investors grab Brexit bargains among UK housebuilders

LONDON Daring investors are dipping their toes back into UK housebuilders, attracted by high dividend yields and low valuations even though they are seen as among the most vulnerable sectors in the event of a messy Brexit.