News of another strong performance from Irish housebuilder McInerney was overshadowed by the announcement of a fully underwritten one-for-five rights issue at E13 (GBP8.73) per share and the proposed acquisition of Lancing Homes, a housebuilder base News of another strong performance from Irish housebuilder ...
377p - Household goods - Shares in Yorkshire-based housebuilder Ben Bailey have slumped 17 per cent since the start of the year, underperforming most of its peers. And there's no doubt that, last year, the company found life tough as the housing mark 377p - Household...
Yorkshire-based housebuilder Ben Bailey reported a sharp drop in profitability as the housing market slowdown took its toll. Higher interest rates led to slower house price inflation, while build costs such as labour continued to increase. And althou Yorkshire-based housebuilder Ben Bailey reported a sharp drop...
Yorkshire-based housebuilder Ben Bailey sold 360 houses in the first six months of the year, against 251 a year earlier. Unfortunately, there was barely any change in the average selling price at GBP147,200 (from GBP147,100 in 2004). This, together w Yorkshire-based housebuilder Ben Bailey sold 360...
Irish housebuilder McInerney turned in an impressive performance, driven by a 13 per cent increase in housing completions. Its UK operation put in the best performance, with completions up 32 per cent to 658 units. But the Irish market still contribu Irish housebuilder McInerney turned in...
London (Reuters UK) - Housebuilder Bellway BWY said activity in the housing market remained weak in June and July, with home reservations falling by around 45 percent in the second half of the financial year. The company, which focuses on the lower end of the market,...
Housebuilder Redrow has opened a national training centre to help attract higher calibre recruits and create a stronger corporate culture. Training is playing a key role in achieving Redrow's ambition to have the best track record for staff recruitment in the building industry. A four-strong in-house training team has been...
LONDON (Reuters UK) - Shares in Barratt Developments BDEV surged as much as 34.6 percent on Monday which traders said was due to Polaris Capital Management LLC raising its stake in the housebuilder. Barratt Developments said in a statement that Polaris had reached a threshold...
By Matthew Scuffham LONDON (Reuters UK) - Housebuilder Bovis Homes BVS reported a slump in first-half profit and slashed its interim dividend on Tuesday following "the toughest period of trading it has experienced in its life as a public company". Bovis reported an adjusted pretax profit...
By Marc Roca LONDON (Reuters UK) - The country's biggest housebuilder, Taylor Wimpey TW, slumped to a 1.54 billion pound half-year pretax loss as the market for homes dried up and said it has yet to agree a crucial loan deal with its banks. The loss...
By Christina Fincher LONDON (Reuters UK) - House prices fell almost two percent on the month in August to post their biggest annual drop since monthly records began in 1991, the Nationwide building society said on Thursday. The decline, which was bigger than most analysts were...
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