
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 […]

Planning granted for first private rental homes
30/11/2020 Springfield Properties plc
Springfield Properties has been granted planning approval for its first private rental sector (PRS) development, a move which […]

Sales and cashflow rebound as lockdown lifts
29/09/2020 Springfield Properties plc
Scotland’s only quoted housebuilder’s home completions and cashflow have recovered sharply from the country’s prolonged lockdown, with delayed […]

“Record week” on easing of Scottish lockdown
08/07/2020 Springfield Properties plc
Scotland’s only quoted housebuilder recorded its highest ever weekly number of reservations following the reopening of its sales […]

Green light for return to Scottish homebuilding
12/06/2020 Springfield Properties plc
Scotland’s First Minister Nicola Sturgeon yesterday signalled that the construction industry in Scotland can move into the next […]