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Work on new £3 3m housing development in Nuneaton gets underway
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Community council left furious as more houses earmarked for Cambuslang
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By Karen Peattie LARGER properties with gardens and space for home offices in its “village” developments have driven growth at Elgin-based housebuilder Springfield Properties with revenue for the full year revenue expected to grow by 49 per cent to about £215 million, a record for the group and in line with recently upgraded market expectations. The company, in a trading update for the year ending May 31, 2021, ahead of announcing its final results in September, said it anticipated a “substantial increase” in pre-tax profit. Net debt reduced to about £21m at year end, a £50m reduction compared with £71m at the same time last year.
Record revenue forecast at Elgin-based builder Springfield Properties
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