Weston posts record annual profit

By Hamish Champ2018-11-20T13:54:00

Housebuilder’s boss says firm plans to double in size by 2023

A strong performance by Weston Group’s housebuilding arm helped the business post record turnover and profit figures for the year to the end of July 2018.

Essex-based Weston Group reported a pre-tax profit of £35.8m, up 57% year-on-year, on turnover of £257m, up 29%.

Its Weston Homes business was the driving force behind the sales increase, the group said, with total sales completions in the year up 28% to 737 units.

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