Profit up at Inland Homes

By Hamish Champ2018-09-21T06:00:00

Buckinghamshire-based housebuilder sees revenues rise more than 60%

Inland Homes has reported a near-7% rise in annual pre-tax profit after posting a 63% hike in turnover over the year.

The Amersham-based Aim-listed housebuilder said house sales accounted for £70.2m of turnover in the year to the end of June 2018 of £147.4m, with the balance coming through land sales (£59.3m), contract and other income.

Operating profit fell 10% to £23.5m, while pre-tax profit rose 6.6% to £19.3m.

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