Financial highlights for 2015
Significant revenue growth driven by record legal completions and a strong increase in average sales price
Record profits delivered
Return on capital employed achieved in line with 2015 target
Increased dividend as planned
Strong balance sheet
|
2015 |
2014 |
Change |
|
|
Revenue |
£946.5m |
£809.4m |
+17% |
|
Profit before tax |
£160.1m |
£133.5m |
+20% |
|
Basic earnings per share |
95.4p |
78.6p |
+21% |
|
Dividend per share |
40.0p |
35.0p |
+14% |
|
Operating profit margin |
17.3% |
17.0% |
+0.3ppts |
|
Return on capital employed * |
18.3% |
16.2% |
+2.1ppts |
|
Net cash |
£30.0m |
£5.2m |
Operational highlights for 2015
Land investment aligned with growth strategy
Achieved planned growth in sites owned at the year end
Improved forward sales position
