Springfield profit rises 6% as ‘strong’ affordable housing order book helps offset private sales dip

2026-02-18T06:00:00

Springfield increases turnover in first half

Springfield Properties has reported increased profit and turnover in its half year results.

The Scottish housebuilder in its results for the six months to 30 November, reported a 2% increase in turnover from £105.6m to £108m, while its pre-tax profit increased 6% from £3.5m to £3.7m.

The group was boosted by a 26% rise in affordable housing revenue from £20.4m to £25.8m. It said it now has almost all of its forecast affordable housing revenue for the year delivered or contracted.

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