Springfield Properties (SPR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

95.00p
   
  • Change Today:
    -3.50p
  • 52 Week High: 103.00
  • 52 Week Low: 51.00
  • Currency: UK Pounds
  • Shares Issued: 118.67m
  • Volume: 147,494
  • Market Cap: £112.74m
  • RiskGrade: 406

Springfield Properties eyes interim dividend following strong start to trading year

By Iain Gilbert

Date: Monday 17 Dec 2018

LONDON (ShareCast) - (Sharecast News) - AIM-listed house builder Springfield Properties has seen continued good progress in the first half of its trading year and now expects revenue and profit growth to be in line with management expectations.
Springfield said it had entered the new financial year with a "strong and established pipeline" after experiencing sustained demand for more homes in Scotland's affordable and social housing sector.

During the first six months of its trading year, Springfield saw "good progress" with completions and revenue in its private housing and affordable divisions increasing year-on-year, with private housing continuing to account for the majority of its revenues.

Springfield also progressed the development of existing sites, receiving planning consent on two private housing sites and two affordable sites, and continued to advance the development of the villages and highlighted its acquisition of Dawn Homes at the end of the previous financial year for significantly expanding its land bank.

The group now intends to declare an interim dividend.

Chief executive Innes Smith, said: "We are pleased to report sustained revenue growth across all of our business units and good progress with existing sites as well as securing new sites."

As of 1520 GMT, Springfield shares had climbed 4.81% to 109p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SPR Market Data

Currency UK Pounds
Share Price 95.00p
Change Today -3.50p
% Change -3.55 %
52 Week High 103.00
52 Week Low 51.00
Volume 147,494
Shares Issued 118.67m
Market Cap £112.74m
RiskGrade 406

SPR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.95% above the market average80.95% above the market average80.95% above the market average80.95% above the market average80.95% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Price Trend
57.49% above the market average57.49% above the market average57.49% above the market average57.49% above the market average57.49% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Income Not Available
Growth
31.11% below the market average31.11% below the market average31.11% below the market average31.11% below the market average31.11% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPR Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Nov-22 10-Mar-22
Paid 16-Dec-22 31-Mar-22
Amount 4.70p 1.50p

Trades for 28-Mar-2024

Time Volume / Share Price
15:53 50,966 @ 93.06p
15:53 50,966 @ 93.00p
16:29 10,158 @ 93.46p
16:28 3,000 @ 95.80p
16:07 683 @ 93.50p

SPR Key Personnel

CEO Innes Smith
CFO Iain Logan

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