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Bovis HY Profit Jumps, Says No Change In Customer Behavious Ahead Of Brexit
Galliford Try, Bovis Homes Re-Engage In Early Talks To Combine Housing Units
Bovis Homes Sees FY Completions In Line With Its View
Bovis Homes Group PLC is a United Kingdom-based company, which is engaged in designing, building and sale of houses for both private customers and Registered Social Landlords. The Company offers a portfolio of properties, including one bedroom apartments, two bedroom apartments, five bedroom apartments and six bedroom detached family homes. The Company carries out and manages a range of housing development activities, including purchasing of the land, building of the houses and the after-care service for its customers. The Company focuses on various activities, which include land acquisition, planning, legal, design, surveying, engineering, purchasing, construction, sales and marketing, public relations and customer service. The Company works in partnership with house builders, local authorities, housing associations and other agencies.
11 Tower View
Ian Paul Tyler
Non-Executive Chairman of the Board
Greg Paul Fitzgerald
Chief Executive Officer, Executive Director
Earl Joseph Sibley
Group Finance Director, Executive Director
Keith Bryan Carnegie
Chief Executive Officer - Partnerships Housing
Divisional Chairman – East Division
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Galliford Try <GFRD.L> aims to focus on a smaller, more profitable construction business, which will be easier with the cash boost from a proposed sale of its housing businesses to Bovis Homes <BVS.L>, its CEO said on Wednesday.
Britain's Galliford Try <GFRD.L> has restarted talks to sell its residential housing businesses to Bovis Homes <BVS.L> after Bovis nudged up its proposed offer to 1.08 billion pounds ($1.34 billion) and included a cash component.
Britain's Galliford Try Plc said on Tuesday that it and housebuilder Bovis Homes Group Plc had restarted preliminary talks to combine their housing businesses.
Housebuilder Bovis <BVS.L> said on Tuesday it expected to post a higher first-half profit after selling more affordable homes at increased prices and saw solid demand for the year, bucking the trend of a wider anaemic real estate market.
Bovis Homes Group Plc said on Tuesday it expected to report a significant improvement in first-half profit, with demand for new homes fuelling an improved annual operational and financial performance.
News of a 950 million pounds bid for the residential units of builder Galliford Try plc drove shares in the company 8% higher on Tuesday even as the bidder Bovis Homes said the two sides were no longer in talks.
Britain's Galliford Try plc said on Saturday it had rejected a bid from home builder Bovis Homes Group as the offer was not in the interests of all shareholders.
Bovis Homes Group has approached Galliford Try Plc about a housebuilding tie-up after a previous merger talks broke down, Sky News reported on Saturday.
British builder Bovis Homes Group <BVS.L> said on Wednesday it expects full-year profit to be ahead of the market consensus, as it sold more private and affordable homes and benefited from slightly higher average selling prices.
British builder Bovis Homes Group said on Wednesday it expected full-year profit to be slightly ahead of market consensus, helped by operational improvements across all areas of the business.
Property firms Bovis Homes Group Plc <BVS.L> and Great Portland Estates <GPOR.L> flagged uncertainties from Britain's exit from the European Union, but said they were prepared for the change.
Bovis Homes Group Plc said on Thursday the uncertainty surrounding Britain's exit from the European Union had impacted discretionary buyers and the homebuilder had increased its use of part exchange deals in the second half of the year.
British homebuilder Bovis Homes Group Plc <BVS.L> said on Thursday its first-half profit is expected to have risen as its cost-cutting measures pay off.
* OUR HBF CUSTOMER SATISFACTION SCORE CONTINUES TO TREND WELL ABOVE 80% AND WITH OUR EXCITING NEW HOUSING RANGE LAUNCHED IN APRIL, WE ARE WELL PLACED TO MEET OUR CUSTOMERS' NEEDS AND INCREASE OUTPUT, WHILST OPTIMISING PRICE AND DRIVING PROFITABILITY."
British builder Bovis, which is undergoing a turnaround plan after seeing off two takeover bids last year following a profit warning, said its volumes would grow in 2018 as it posted a slump in profits in line with expectations.
British builder Bovis said on Friday it was on track to deliver a significant increase in profitability in 2018 as it seeks to turn its business around after seeing off two takeover bids last year following a profit warning.
* 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 Source text for Eikon: Further company coverage: (London newsroom)
British builder Bovis <BVS.L>, which has spurned two bidders this year, said on Tuesday it would meet profit expectations in 2017 as its new boss tries to turn the business around.
British housebuilder Bovis , the subject of two failed takeover bids earlier this year after it warned on profits, said it was on course to meet profit expectations in 2017 as its new chief executive tries to turn the business around.
British builder Bovis <BVS.L>, which has been subject to two failed takeover bids, will reduce its land bank by putting half of the plots at two of its biggest sites into a joint venture with a partner as part of a turnaround, its CEO said.
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