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Financial Information

Financial Information

The Annual General Meeting of the Croudace Homes Group took place on 11th April, coinciding with the release of the Annual Report and Accounts for 2016.

The Company reported another strong performance for its shareholders.  The continuing recovery of the housing market, backed by the strength of its excellent development locations throughout the South East, enabled the Group to deliver another healthy set of financial results with turnover and net profit at £167.9m and £17.3m respectively (before tax).

The net worth of the Croudace Homes Group rose by 9% to close the year at £132.3m.

Group Chief Executive, Russell Denness said: “Despite the unsettled business conditions of the year brought about by various political events, once again the Group delivered a strong set of financial results and further progress in our plans for organic growth in the business. Increases in the number of homes built and sold pushed turnover and net profits 20% higher. 

This was complemented by further independent recognition that we are meeting our core standards for excellence in quality, customer care and safety, securing our 37th consecutive British Safety Council Award and our fifth maximum 5 Star rating in the HBF National New Homes Customer Satisfaction Award in as many years.  These awards place us in the upper echelons of the industry and reflect a culture ingrained within the Company.”

 

Steve Thomas

Steve Thomas

Group Finance Director

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Annual Reports & Accounts

The following documents are in PDF format. To view and print them you must have a suitable PDF reader installed on your computer. One such reader is Adobe Acrobat which is freely available from Abobe's website.

Annual Report 2016
Annual Report 2016
Annual Report 2015
Annual Report 2015
Annual Report 2014
Annual Report 2014
Annual Report 2013
Annual Report 2013
Annual Report 2012
Annual Report 2012
Annual Report 2011
Annual Report 2011
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