The company said the improved performance had been achieved through increased sales, particularly two “bulk” deals accounting for 31 units. Its average selling price rose 6% to £79 500.
McCarthy & Stone, Housebuilder of the year at this year’s Building Awards, is now planning to move into the North-east and the West.
The group, which last month announced the appointment of former planning minister Sir George Young as a non-executive director, attacked delays in the hearing of planning inquiries.