
Guidance maintained as buyers return
21/02/2023 Springfield Properties plc
Springfield has maintained FY23E guidance for adjusted PBT in today’s half-year results. Scotland’s only quoted housebuilder was ahead […]

Taking a prudent outlook in uncertain markets
12/12/2022 Springfield Properties plc
Springfield Properties, Scotland’s only quoted housebuilder, has prudently, in our view, adjusted its guidance for FY23E due to […]

ESG credentials spotlighted in industry awards
24/11/2022 Springfield Properties plc
Springfield’s longstanding focus on sustainability, which it detailed along with social and governance commitments in its September ESG […]

Record result against inflationary backdrop
20/09/2022 Springfield Properties plc
Springfield Properties, Scotland’s only quoted housebuilder, has delivered record FY22 results despite supply chain pressures, with homes completed […]

Forecasts up after ‘pay-as-you-go’ acquisition
22/06/2022 Springfield Properties plc
We have raised our FY2023E and FY2024E PBT estimates for Scotland’s only quoted housebuilder by 5% and 10%, […]

FY guidance reiterated in HY results
22/02/2022 Springfield Properties plc
Scotland’s only quoted housebuilder, Springfield Properties, has reiterated its FY2022E guidance in its interim results, supporting our estimates […]

Earnings-enhancing deal lifts Highlands growth
01/12/2021 Springfield Properties plc
Scotland’s only quoted housebuilder, Springfield Properties, has acquired Highlands developer, Tulloch Homes, for an enterprise value of £56.4m […]

Rebound in market pays dividends
14/09/2021 Springfield Properties plc
Scotland’s only quoted housebuilder has reported an 81% uplift to £18.5m in adjusted PBT for the full year […]

Debt continues to fall faster than forecast
01/07/2021 Springfield Properties plc
Scotland’s only quoted housebuilder has confirmed in today’s trading update its previously raised profit estimates for the year […]

“Excellent” H2 sales drive FY2021E upgrades
01/06/2021 Springfield Properties plc
We have raised our FY2021E PBT and EPS estimates by almost 20% and cut our net debt projections […]

H1 results point to ‘significant’ full year growth
23/02/2021 Springfield Properties plc
Scotland’s only quoted housebuilder has delivered a 43% jump in adj PBT for the six months to November, […]

Resurgent Scottish market fuels cash inflow
15/12/2020 Springfield Properties plc
Scotland’s only quoted housebuilder has issued a positive trading update for the six months to 30 November, highlighting […]