- News
All the latest updates on building safety reformRegulations latest
- Focus
- Comment
- Programmes
- CPD
- Building the Future
- Jobs
- Data
- Subscribe
- Events
2024 events calendar
Explore nowBuilding Awards
Keep up to date
- Building Boardroom
All the latest updates on building safety reform
2024 events calendar
Explore nowBuilding Awards
Keep up to dateBy Joey Gardiner2021-12-17T06:00:00
For some housebuilders the consequences of the pandemic determined their performance in this year’s top 150 rankings
This year’s top housebuilder listings bring to mind the famous introductory sentence to Charles Dickens’ A Tale of Two Cities. You know the one: “It was the best of times, it was the worst of times …” No prizes for guessing who the principal villain is in this story: covid-19.
The reason for the similarity is that the tables, which are based on most recent published accounts for the biggest housebuilders in the land, tell two conflicting stories, depending upon what time period they cover. Overall, the figures show a slight – 1.6% – drop in turnover at these companies, to £29.4bn, with Barratt retaining its crown as the nation’s biggest housebuilder.
Profit dropped a little more significantly, with the average operating margin of 8.7% comparing unfavourably with 12.3% in the previous year, while completions dropped by 4% to fall below 100,000, at 97,640. A distinct downward shift then – but no obvious reason to panic.
…
You are not currently logged in. Subscribers may LOGIN here.
SUBSCRIBE for UNLIMITED access to news and premium content
A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders, data and research - including our popular annual league tables. You will receive:
Get access to premium content subscribe today