Strong financial performance •Record legal completions of 3,934 homes (2014: 3,635) • 17% increase in revenue to £947m (2014: £809m), exceeding 1 times capital turn • Operating profit margin of 17.3% (2014: 17.0%) Well positioned for future growth • Over 19,800 consented plots across 142 sites • Over 23,000 strategic plots across 80 sites - c8,000 plots with planning agreed • Strong balance sheet with net cash of £30m (2014: £5m ) Improving cash returns • 14% increase in dividend to 40p (2014: 35p) Despite the country facing a house-building crisis ,seventeen percent increase in revenue to £947m (2014: £809m), exceeding 1 times capital turn was made by national house builder Bovis homes Plc A decade ago, the Barker Review of Housing Supply noted that about 250,000 homes needed to be built every year to prevent spiralling house prices and a shortage of affordable homes. By building them out more slowly it ...
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