Published on: July 1, 2021
Debt continues to fall faster than forecast
Scotland’s only quoted housebuilder has confirmed in today’s trading update its previously raised profit estimates for the year to May 2021 and has again cut its year-end net debt guidance, following “an excellent” year, with significant growth in revenue in both the Private and Affordable Housing divisions. It is also preparing to further formalise its ESG commitment, with an identified Board lead and a strategy announcement to be made at the results in September.
