Published on: December 17, 2019
H1 on-track as market faces “greater certainty”
Scotland’s only quoted housebuilder confirms it is on-track with its revenue and gross margin aims for the first half and confirms that, with “greater market certainty” post-election, it is confident in its future prospects. We are not changing our estimates for FY 2020E and beyond and continue to believe Springfield will outperform larger UK housebuilders’ growth, fuelled by under-supply of private and affordable homes north of the border.
