Keepmoat’s profit and completions fall, citing ‘sluggish’ market

keepmoat

Housebuilder increases land pipeline and eyes future growth

Keepmoat has reported a drop in completions, revenue and profit, citing a sluggish housing market and regulation.

 The housebuilder in its audited accounts for the year to 31 October 2024, reported turnover of £724.7m, down 11% on the £815.1m reported for the previous year. Its pre-tax profit fell 35% from £81.5m to £53m.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community