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.   

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